Stockland continues expansion in northern corridor of Melbourne with Lyra

Stockland, one of Australia’s largest diversified property developers, is continuing its expansion into Melbourneโ€™s northern corridor with the launch of Stockland Lyra, a $555 million community in Beveridge.

Stockland Lyra is located approximately 46 kilometres from Melbourne’s CBD within the historic Beveridge community in Mitchell Shire, one of Victoriaโ€™s fastest-growing outer metropolitan municipalities which is expected to be home to 90,000 people by 2030, almost double the population of 2021[1].

Upon completion, Stockland will develop approximately 1,400 land lots and future townhomes to meet this population growth. Future residents will also have access to a proposed local town centre, proposed Beveridge train station and proposed local primary and secondary schools.

Boasting more than 23 hectares of green open space, Stockland Lyra will feature a number of open spaces, a drainage reserve and a wetland designed to inspire active outdoor living in a bush setting.

The new 140-hectare Lyra community follows on from the growth of Stockland’s presence in the northern corridor: Stockland Highlands, Cloverton, Katalia and Mernda, offering buyers a thoughtfully designed, tight-knit community at an affordable price point.

Stockland Project Director James Westh said: “Stockland has been a trusted Australian developer for over 70 years, building some of Australia’s most liveable communities across the country.

โ€œPast, present and prospective Stockland residents have come to know and trust Stockland to create communities that inspire interconnected living, especially in Melbourne’s northern corridor.

โ€œThe continued expansion of Stockland communities in Melbourneโ€™s north including Highlands, Cloverton, Katalia and Mernda, will help ensure that prospective Lyra residents can be confident in knowing Stockland has the knowledge and experience to create bespoke developments tailored to Melbourneโ€™s north.

โ€œLyra will be a stoneโ€™s throw from the established Beveridge area with its array of shops, recreation and medical facilities,” Mr Westh said.

Named after the Lyra constellation, said to inspire harmony and connectedness, the community’s considered design is inspired by its namesake, ensuring residents are close to things that matter most.

During April, all 45 available home sites successfully sold to future homeowners. A third release will take place on 7 May.

Current Stockland Mernda and future Stockland Lyra resident Vineet Rajendra Hirani said: โ€œStockland has supported us with the purchase of our dream double-storey home for our growing family.

โ€œWe were drawn to Stockland Lyra as they have worked hard to create a community with great schools and parks within the area.

โ€œWith another baby on the way, we now have more room to live comfortably with everything we need close by,โ€ said Vineet.

Block sizes in the first release ranged in price from 220mยฒ โ€“ 512mยฒ square metres, with prices starting from $290,000.

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