In June 2011, Stockland bought Point Cook Town Centre for $176 million.

[2] VicUrban and Walker Corporation constructed the $150 million Point Cook on a 10 hectare site located 23 kilometres south-west of Melbourne's CBD.

Stage one of the construction was finished in mid-2008 with a Coles, Target, Aldi and a further 90 specialty stores and the cost was $90 million.

Stage two of the construction was completed in November 2010 with a further Harris Scarfe (now closed), a food court, and over 40 speciality stores adding to the town centre.

[4] Stockland Point Cook is approx 30 minutes drive time (27 km) from Melbourne along the Princes Freeway.