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Victoria Street, Flemington

Project update

Homes Victoria will deliver 359 new homes at the Victoria Street, Flemington housing site including a mix of social and affordable homes.
The supply of new homes will help tackle housing affordability and provide safe, secure accommodation for people who need it.
On this page

We’re building 359 new homes that are modern, well-designed and energy efficient including 240 social and 119 affordable homes with 1, 2, 3 and 4 bedroom homes.

This is a 21% uplift in social housing at the site. The redevelopment of the Victoria Street site also includes green spaces, pathways and communal areas for residents and the local community to use and enjoy.

Delivered through a first-of-its kind Ground Lease Model, Homes Victoria is leasing the land to not-for-profit project partner Building Communities to manage and maintain for the next 40 years, enabling all land to remain in public ownership.

Projects like this are helping to tackle housing affordability by delivering more secure housing options in the local area. Feedback from the Moonee Valley community has helped shape the design and delivery of this project, and we would like to thank residents for their ongoing support. 

Construction will be finished by early 2024 and we will welcome residents into their new homes soon after. 

Key features

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Homes: 359 new homes comprising 119 affordable and 240 social homes including 1, 2, and 3 bedrooms.

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Location: Located just 5km from Melbourne’s CBD in the City of Moonee Valley, the Victoria Street, Flemington housing site is ideally positioned near schools, transport, jobs, community services, shopping precincts and local destinations including Debney’s Park and Racecourse Road.

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Apartment features: Modern and energy efficient, all new homes are more comfortable and less expensive to heat and cool with a 5-star Green Star energy rating, and 7-star NatHERS average rating.

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Precinct features: Safe and publicly accessible open and green spaces, including a gateway park and children’s nature play

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Accessibility: At least 5% of the new social housing will be accessible to people with a disability.

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Jobs and skills: Construction across all 3 Prahran, Brighton and Flemington Ground Lease Model projects has created 2,458 local jobs plus training and skills opportunities for people in Victoria.

Frequently Asked Questions

Construction will be complete by early 2024 with residents moving in soon after.

Under a Ground Lease Model Homes Victoria leases land to a project partner to finance, design, build, manage and maintain for a 40 year leasing periods, enabling all land to remain in public ownership. This means there is no sale of public land. The Ground Lease Model project at Victoria Street, Flemington is one of the first of its kind in Australia. Find out more about the Ground Lease Model here. 

Not-for-Profit housing organisation Community Housing Victoria Limited (CHVL) has been appointed by Building Communities to provide on-site management of the Victoria Street, Flemington site over a 40-year term. As well as managing tenancies and carrying out maintenance work, they will help activate the site for community-led initiatives and events to provide more opportunities for residents and neighbours to come together.  

Previous residents of the Victoria Street housing site will have a right to return to once the redevelopment is complete. 

Social housing is allocated through the Victorian Housing Register. Find out more about How to apply for social housing here 

Affordable housing is allocated through Homes Victoria’s affordable initiative

Victoria Street, Flemington was chosen for redevelopment to respond to demand for social and affordable housing in the Moonee Valley area. The new homes at the site replace social homes that were no longer fit for purpose, with an increased supply of social homes as well as affordable housing that will meet the needs of the local community for generations to come.  

We are on track to deliver two more Ground Lease Model projects. You can read more about these projects here:

Project timeline

  • Early works completed

    October 2021

  • Construction works commenced

    February 2022

  • Project completed

    Early 2024

  • Residents move into their new homes

    Early 2024

Key documents

Information for renters in Flemington 

Renters looking at relocation options in Flemington can find out more about new homes on Victoria Street, Flemington here.

These sustainably designed all-electric homes will be comfortable year-round and cheaper to heat and cool. They will all be connected to the embedded local energy networks providing residents with best-in-market rates and 100% renewable energy. All homes feature great natural light and ventilation, good sized storage spaces and modern appliances along with balconies or courtyards.

Find out more about new homes on Victoria Street, Flemington here

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24-hour resident hotline: (03) 9389 3619
For languages other than English, please call 131 450.