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Melbourne-based Resi Ventures has kicked off construction of a master-planned community that will deliver more than 1,000 homes at Echuca in regional Victoria in the largest residential subdivision undertaken by the company.
The project, known as McMahon’s Place, is expected to boost the city’s housing supply by about 10 per cent.
McMahon’s Place is developing the project on 100ha of former farmland located on the Northern Highway.
Resi Ventures, which has engaged local builder Northern Constructions Group to deliver the project, began civil works this week.
The master-planned project will include a mix of home sizes and types, local parks and green space, and connections to future schools, shops and services to create a self-sustained neighbourhood just five minutes from the Echuca town centre.
Construction has begun on the first two stages of the development with land titles expected to be delivered in late 2026, paving the way for the first residents to move in soon after.
Resi Ventures says that for nearly 40 years property owners Barry and Kathleen McMahon had dreamed of turning their sprawling homestead into a thriving community.
Resi Ventures co-founder Khurram Saeed says the project is a “testament to what’s possible when development is shaped by local collaboration and a long-term vision”.
“We’re proud to be delivering on Barry and Kathleen McMahon’s vision for this land – a place where future generations will grow, just like their family has,” he says.
“We’re thrilled to be partnering with Northern Constructions Group, a builder with deep roots in the region.
“Their local knowledge, longstanding community relationships, and track record of quality delivery make them the ideal team to help bring McMahon’s Place to life.”
Resi Ventures estimates that McMahon’s Place will increase Echuca’s housing stock by more than 10 per cent, while improving affordability and access for local families, key workers and new residents.
McMahon’s Place is also set to deliver a substantial boost to the regional economy with a forecast $1.6 billion injection in by total industry output and consumption into the broader economy.
The development is also expected to support nearly 5,000 jobs across construction, trades, transport and local services.
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