PROMISING housing affordability and a strong emphasis on wellbeing and accessibility, a new development approved for Channel Road, Shepparton, has recently hit the market.
Announced in March, Parkers Grove is the first residential project to obtain a planning permit within the Shepparton South East Precinct Structure Plan. The $205M, 641-lot master planned community is being delivered by national diversified developer, Goldfields, who said the project will host a one-hectare centrally located community park, natural wetlands, and walking paths.
Paul Chicciello, Goldfields National Director (Communities) said Parkers Grove will provide much-needed relief for Shepparton’s tight housing market while accommodating future growth and job opportunities.
“Shepparton is experiencing a multi-year population surge, placing severe strain on the local housing market. The population is forecast to grow by 13 per cent over the next 20 years, making it one of Victoria’s fastest growing regional centres,” said Mr Chicciello.
“Parkers Grove will generate hundreds of construction jobs over the life of its multi-year development, creating new employment opportunities for local workers and tradies.”
Committed to celebrating Shepparton’s heritage, Mr Chicciello said Goldfields would respect the area’s history as a former pear orchard with an “Iconic Percy the Pear statue,” in pride of place at the community’s new park.
Stage 1 of sales launched in April, with Expressions of Interest open via the project website: www.parkersgrove.com.au
Civil works, including upgrading Channel Road to improve local traffic flow and safety, are scheduled to commence in the third quarter of 2026.
