Over the past few months, there has been plenty happening both within Altura and across the wider Drouin South precinct.
The Stage 1 Pinnacle Release has attracted strong interest. Construction of the new Catholic primary school next to Altura, St Oscar Romero Catholic Primary School, is now underway, and plans for the future Altura Regional Sporting Precinct continue to progress.
Add the recent Federal Budget* announcements, and you’ll quickly see why there has been a renewed focus at Altura.

New Housing Is Receiving Greater Attention
Recent Federal Budget* announcements have reinvigorated the emphasis on off-the-plan homes and new housing estates across Australia.
They reinforce something we have known for some time, which is that Australia needs more housing, and new communities like Altura play an important role in meeting that demand.
While the proposed changes are still subject to legislation, they are designed to encourage greater investment in newly built homes and housing supply, rather than established properties.
For buyers considering land within a growing community like Altura, that creates an interesting opportunity.
Why?
Because purchasing land or a new house and land package at Altura today gives you the flexibility to create a brand-new home in a market where new housing is increasingly being prioritised.
For investors, proposed changes include*:
- Negative gearing concessions being retained for new builds, while becoming more limited for many established properties
- Greater flexibility around future capital gains tax calculations, with investors in new builds expected to have access to favourable treatment that isn’t available to many established homes
- The ongoing benefits that often come with owning a newly constructed home, such as depreciation opportunities and lower maintenance in the early years of ownership
For owner-occupiers, the story is just as compelling.
As governments and industry continue to focus on delivering more housing, premium communities that offer quality land and the support of future infrastructure will become increasingly sought after.
At Altura, that’s exactly what you’ll find. A growing neighbourhood surrounded by future amenities, education and employment opportunities and lifestyle infrastructure unlike anything else in the region.
A Sporting Precinct On Your Doorstep
One of the most exciting aspects of life at Altura isn’t just what exists today, but what’s coming tomorrow.
Positioned within the estate, the future regional sporting precinct will become a major recreational hub for the area, delivering world-class sporting facilities, open green spaces and opportunities for residents to stay active and connected with their community.

Spanning 29 acres, and backed by $23.5 million of investment, the precinct will hold significant importance for the region as a whole. And for those fortunate enough to call Altura home, having a sporting precinct within your own community is priceless.
A New School For A Growing Community
Momentum is also building across the wider Drouin South area, with construction now underway on St Oscar Romero Catholic Primary School at 94 Weebar Road.

Expected to welcome its first 98 students in 2027, growing in time to a role of 300, the school will provide a valuable new education option for local families while further strengthening the community infrastructure surrounding Altura.
The school will offer:
- Modern learning environments for Foundation (Prep) to Year 6
- Specialist teaching spaces, including art room and library
- Outdoor play areas and covered outdoor learning space
- Sporting and recreational facilities, including hardcourt and oval
- Landscaped community grounds
For families planning for the future, it’s another welcome addition to an area that continues to evolve and grow.
Discover The Pinnacle Release
Set high in the Altura hills, the Pinnacle Release offers some of the most desirable land ever offered in our estate.

These generous lifestyle-sized blocks range from 985m² to 1794m², offering elevated outlooks across the wetlands, future sporting precinct and rolling Gippsland countryside.
Interest in this release has been strong, and today just 7 LOTS remain available across the entire Altura community, including a limited number within the Pinnacle Release
Make an Appointment
Our Land Sales Office is now open by private appointment, so you can start your new home journey on a schedule that works for you.

Schedule your appointment with our team, take your time exploring house and land packages, point out blocks and compare their position in the estate, and talk through the planned construction schedule.
280 Weeber Road, Drouin VIC 3818
House & Land Consultant
Raman Nakul
0423 693 884
*The information provided regarding Federal Budget announcements, taxation measures and property investment is general information only and should not be relied upon as financial, taxation, accounting or legal advice. Proposed Government measures may be subject to legislation, amendment or change. Buyers should seek independent advice from a qualified financial adviser, accountant or legal professional before making any investment or purchasing decisions. All information is believed to be correct at the time of publication but may change without notice.
Sources:
https://budget.gov.au/content/04-tax-reform.htm
https://www.pitcher.com.au/insights/federal-budget-2026-27-negative-gearing/
https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2526/26bd067?
https://www.schoolbuildings.vic.gov.au/st-oscar-romero-catholic-primary-school-drouin