A year after the state government controversially expanded the urban growth boundary to include 7000 hectares of green wedge and farmland, four neighbours controlling 62 hectares of cliff-top land abutting the picturesque Melton Reservoir have united to sell their homes to a developer for $26 million.

The four properties on Balmer Grange in Brookfield, 40 kilometres west of Melbourne, are expected to make way for one of the region’s most exclusive housing estates. The development follows nearby Eynesbury – being developed in stages on a rural property owned for years by the Baillieu family.

Lend Lease, Mirvac and Stockland are among developers in the area that is undergoing a growth spurt following a $15 billion commitment in 2006 by the state government and local council to replace farms with housing, infrastructure and workplaces.

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