Villawood pushes for 3,000-home Ravenswood project south of Bendigo
Property developer Villawood is pushing to unlock Ravenswood, a 3,000-home project south of Bendigo, as the regional housing shortage gets worse.
Bendigo is running behind on housing targets, and demand is building. The city is expected to grow by 87,000 people over the next 30 years.
Developer Villawood has a solution: Ravenswood, a proposal for 3,000 homes south of the city. Managing director Rory Costelloe estimates the project would create $2 billion for the local economy.
It would house over 10,000 people. The timing matters.
The push comes before a Be.Bendigo business seminar focused on regional economic growth. The development would include recycled water infrastructure, with excess water sent to Harcourt orchards.
Costelloe argues Ravenswood is close to Melbourne buyers seeking a regional lifestyle. It also stays close to the city.
Villawood has campaigned for years to open the land for development. The company is renewing pressure as Bendigo's population boom strains the housing supply.
- 87,000 people in 30 years
- Bendigo growth projection
- 3,000
- Ravenswood homes planned
- 2 billion dollars
- Economic benefit estimated
- 10,000-plus
- Population to be housed
Why it mattersBendigo faces a housing crunch affecting buyers, builders, and suppliers. Major new housing could lower costs and support planned growth.
AustraliaRegional Victorians seeking affordable homes could benefit from expanded housing stock. The project could also attract workers and families from Melbourne seeking lifestyle change while staying connected to the city.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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