Media Release

Stockland launches new $193m Banksia community in Geelong

10 March 2022

Stockland is preparing to launch an exciting $193 million community located in one of Australia’s fastest growing regional corridors.[1]

Stockland Banksia, a brand new community located in the City of Greater Geelong's, Armstrong Creek, is located 15 kilometres from Geelong’s CBD, will see Stockland develop approximately 500 homes across 30 hectares.

Stockland Project Director Ed Krushka said Stockland is delighted to be offering a high quality community to meet the growing demand in the Geelong region.

“Stockland has been a trusted Australian developer for over 70 years, building some of Australia's best and most liveable communities across the country. We are very excited to launch Banksia, setting a new standard for design and living in the Geelong house and land market.

"With Australians spending more time at home and within their local communities, Stockland is proud to provide residential options that meet the demands of modern day living and offer a genuine connection to community and environment.

“Geelong truly offers a bit of everything for buyers with bay, beach and city-style living. Geelong continues to grow in popularity for buyers, growing faster than other major regional cities across the nation[2].

“The early interest we have received shows buyers are drawn to the unique combination of an ideal regional location close to the sea and the opportunity to build their own home with a thoughtful masterplan vision.”

Stockland Banksia launches to the public on Saturday, 12 March. Block sizes in the first release range from 319 to 520 square metres, with prices starting from $317,000 for a 319 square metre block of land.

Mr Krushka continued: "Prospective Banksia residents will have access to existing schools, shopping centres and daycare facilities in the township and beyond. World-class beaches, coastal walks and scenic drives are also nearby. Stockland Banksia will complement Armstrong Creek’s natural environment with considered design and landscaping that supports environmental preservation and promotes sustainability."

The Banksia community, named after the distinct yellow and red Australian wildflower, Indigenous to some coastal areas of Geelong will feature elevated lots with sweeping natural views. Through thoughtfully planned and considered design, homes at Stockland Banksia will complement the natural environment and be situated on tree-lined streets, featuring a generous, re-vegetated waterway, to help protect local wildlife and bushland.

More information on the Banksia community can be found at: to You can also follow the community on Facebook at

[1] Over the last five years Geelong has grown at a pacey 14.2 per cent see here: