Stonnington Tomorrow is our shared blueprint for the future. Bringing together our Community Vision and draft Council Plan 2025–29, it sets out what matters most to our community, what we plan to deliver, and the overall direction we’re heading over the next four years.

The Asset Plan is a vital piece in this puzzle. Strategic management of our assets will ensure a well-connected city that moves well, with clean waterways, welcoming open spaces and quality community facilities for Stonnington Tomorrow.

Take part in the short survey below by Monday 18 August to share your feedback, which will help shape the final Asset Plan.

If you would like to provide feedback on other vital pieces of Stonnington Tomorrow, click here for the Council Plan (Stonnington Tomorrow), and here for the Health and Wellbeing Strategy.

Ensuring our assets are ready for the future

Council assets, like roads, parks, buildings and drains, help make our city a great place to live.

They connect us, keep us safe and support our daily lives. For example:

  • Roads and pathways help us get where we need to go.
  • Open space assets support participation in sport and enjoyment of our parks and reserves.
  • Buildings, like libraries and community centres, house services for people of all ages
  • Drains manage rainwater and protect properties from flooding.

The quality of our assets, and the way we manage them, affects the livability of our suburbs and the overall look and feel of Stonnington.

Over the next ten years, Council will spend millions of dollars improving and maintaining our assets. To do this wisely, we need an affordable plan that reflects what our community needs most.

What is an Asset Plan?

An Asset Plan is a 10-year plan that explains how Council will manage its assets. Stonington’s first Asset Plan was adopted by Council in May 2022.

Under the Local Government Act 2020 (section 92) all Victorian Councils must develop, adopt and keep in force an Asset Plan. The Plan must Include information about maintenance, renewal, acquisition, expansion, upgrade, disposal and decommissioning in relation to each class of infrastructure assets under the control of Council.

The Asset Plan works alongside the Council Plan and Financial Plan. Together, they inform the preparation of Council’s annual budgets, to ensure short-term spending decisions are prudent and consistent with community priorities, long-term financial goals and sustainable asset management practices.

The Asset Plan will:

  • Include an overview of the quantity, value and current state of our infrastructure assets.
  • Outline how Council intends to manage our assets, over the next ten years, to sustainably deliver the Community Vision.
  • Highlight community priorities, proposed improvement projects and major initiatives.
  • Show the predicted impact that future funding levels (forecasted in the Financial Plan 2025-2035) will have on the future condition of our assets and the asset management programs that we are able to deliver.

What does the Asset Plan include?

  • Roads and related assets

    Enable the movement of people, goods and services within and though our city. These assets connect people to places.

    Assets include:

    • Roads
    • Laneways
    • Bridges
    • Footpaths
    • Shared paths
    • Carparks

  • Open space assets

    Support a healthy and active community, allowing people to enjoy time spent outdoors.

    Assets include:

    • Playgrounds
    • Park furniture
    • Streetscape furniture
    • Sports fields

  • Stormwater drainage assets

    Manage rainwater to protect properties from flooding and to keep our waterways clean.

    Assets include:

    • Drainage pits
    • Drainage pipes
    • Water quality treatment devices (such as rain gardens, wetlands and pollutant traps)

  • Buildings and surrounds

    Support the delivery of a broad range of services for the benefit of our community.

    Assets include:

    • Community buildings (including libraries, childcare centres, sports pavilions, arts & culture buildings, public toilets)
    • Commercial buildings (including restaurants, shops, markets)
    • Corporate buildings (including town halls, depots, Council offices)

Council's Asset Plan review

Reviewing our Asset Plan gives us an opportunity to:

  • Interrogate the performance of our assets
  • Assess the effectiveness of our asset management activities.
  • Check-in with our local community to make sure that we are focusing on what is most important and that we are not over or under-servicing our assets.

To review our Asset Plan we undertook a process with the help of our community through the People's Panel. The People's Panel was made up of 33 community members representing a diverse cross-section of people living, working, studying or owning a business in Stonnington.

Panel member volunteers dedicated their time and effort through a series of workshops in February and March 2025 to undertake a review of the Asset Plan to ensure it continues to reflect the aspirations of the community and can provide clear guidance to Council.

The Panel expressed strong support for investment across all asset groups, emphasising the importance of adapting infrastructure to meet future challenges. Point allocations, along with key themes that emerged from their discussion, have been included in the draft Asset Plan.

We are now interested to hear your views on the draft Asset Plan. Take part in the short survey below by the 18th of August to share your feedback, which will help shape the final Asset Plan.


Privacy Statement

The personal information requested in this survey is being collected by Council for the purpose of community consultation.

To find out how your personal information will be used by Council please visit the privacy policy page.

What do you want to provide feedback on next?