Waverley Park, VIC

Waverley Park
GOODISON COURT, MULGRAVE, VIC

DESCRIPTION

Waverley Park is a masterplanned community located in the South Eastern suburb of Mulgrave, approximately 23 kilometres from the Melbourne CBD. The site was previously an Australia Rule Football venue. The oval and a portion of the stadium have been retained and converted into a retail precinct, now home to the Hawthorn Football Club. The site is over 80 hectares.

SUMMARY INFORMATION – 31 December 2011 
IN PROGRESS 
ACQUISITION DATEDec 011
LOCATIONMulgrave
PROJECT VALUE (INCL. GST)$626m
TOTAL LOTS1,158
PROJECT PERIODmid 2002 – early 2016
OWNERSHIP STRUCTURE100% Mirvac Limited

UPDATE

The project was launched in 2003. Housing construction on Stages 10 and 12 are scheduled for completion in July 2012 and construction of the first homes in Stage 8 commenced in December 2011. In early 2012 Waverley Park reached the 1,000 sales milestone.

1) Transaction date.