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Release 6 - Lots 221-240

When will my home be ready? (Lots 221-240)

Civil construction

Complete

Land Title Registration

Complete

Home Construction

In progress

Home Completion and Settlement Forecast

August - October 2026

Key documents

Comments

Olio Construction Update Video - April 2025

Title registration has now been achieved for your purchased lot at Olio!
Development Victoria will be notifying your conveyancer in the coming weeks to prepare you for settlement of your land, which is estimated to occur in late June / early July 2025.

Civil Construction Progress

construction commences
100% COMPLETE
construction complete
Pre-Construction
Includes design, authority approvals, tender and audit works.
Earthworks
Re-shaping of the ground to allow construction of roads and drainage connection to each lot. Estimated timeframe 4-6 weeks.
sewer and
drainage
Provision of a sewer connection to each lot and underground drainage system. Estimated timeframe 8 weeks.
sub-grade
Developing a firm material base underneath roads and footpaths. Construction of kerbs and drains to enable channels from stormwater to travel to underground drainage system.
water
Provision of water connection to each lot. Estimated timeframe 3-4 weeks.
electrical and nbn
Electrical cabling and NBN to enable internet connection for each lot.
Footpaths
and roads
Footpaths, asphalt, topsoiling and road completion.
construction
complete
Completion of the construction works. Home construction to commence once settlement on the land is achieved.

Home Construction Progress

home construction commences
% COMPLETE
home construction complete
slab
In Progress
Concrete footings for base is poured.
frame
Construction and set-up of frame for approval by a building surveyor.
lock up
External wall cladding and roof covering is completed, flooring is laid and external doors and external windows are fixed.
internal
fit out
All internal fittings including architraves, skirting, doors, built-in shelves, baths, basins, troughs, sinks, cabinets and cupboards are fitted or fixed into position.
landscaping
Planting of street trees for nature strips and trees in common areas as appropriate and landscaping in and around properties.
Settlement and Handover
Refer to the ‘Settlement and Handover’ timeline below and attached in ‘Key Documents’.
Post Handover
Refer to the Handover Guide for more information.

Settlement & Handover Process

Valuation
Bank valuation organised via your bank and the sales agent
Pre-settlement Inspection
On site appointment with our sales agent to inspect your home prior to settlement
Settlement Date Confirmed
Email from our settlement team to your conveyancer advising settlement will occur in 14 days
Handover Date Confirmed
Phone call from our sales agent to schedule handover appointment with you
Getting Ready for Handover
Email from the Olio team with key information about the Olio development and organising your service connections
Settlement
Exchange of funds and ownership details
Handover
On site appointment with our sales agent to receive keys and an introduction to your home
Post Handover
Refer to the Handover Guide for more information

Title Registration Progress

100%
complete

settlement
100% - Complete

Contact made by Development Victoria to purchaser's legal representatives / conveyancers to initiate settlement process (settlement can occur at any time up to 14 days after title registration is achieved). Soil testing by builders and bank valuations can be undertaken at this point.

Title registration
75% - Complete

Document lodged to Land Titles Victoria to enable title registration. Estimated timeframe for title registration following lodgement 10-14 days.

statement of
compliance
50% - Complete

Document received from local council confirming construction has been completed in accordance with approved plans developed by the relevant authorities.