An airfield located between the suburbs of Swansea and Belmont was first proposed by local resident Keith Hilder, who intended to develop the site to host a flying school and air charter service.

[6] Instead, the council's Lifestyle 2030 Strategy development plan, published in March 2013 identifies the airport as having "ongoing potential for use by commuter aircraft" to serve Sydney and regional areas while generating business and employment opportunities.

Boucaut also knew James Guest from Skyline Aviation, and both Rob Hibberd and Ricky Duncan from Airborne Windsports and the purchasing consortium was formed.

In July 2014, negotiations led by Airborne Windsports, Matt Hall Racing, Skyline Aviation Group, Anthony Penn Boucaut and a private investor concluded successfully, with airport upgrade works planned to commence immediately.

Lake Macquarie City Council approved construction of a number of hangars (including office space and pilot's briefing rooms), as well as a two-storey terminal building with a cafe or restaurant in August 2018,[11] although as of January 2022, little progress had been made on these works.

Pilots utilise a Common Traffic Advisory Frequency (CTAF) to safely co-ordinate arrivals and departures as there is no control tower located at this airport.