Although positioned only ten minutes from
Melbourne Airport, Greenvale has been up until recently known as a semi-rural area, characterised by larger farm holdings to the north of the town centre (past Somerton Road). Three of these farms (the one bordering Aitken College is known as "Hacienda") are now planned for development into a new housing estate. This will continue the trend for Greenvale in undergoing further residential development, with several new estates appearing in the suburb itself and in nearby areas, such as
Attwood and
Bulla. Greenvale is a mixture of old and new development. Older areas are referred to as "The Toorak of the North" (sic) for their grand and stately homes. Greenvale is home to
Living Legends - The International Home of Rest for Champion Horses - located at Woodlands Homestead in Woodlands Historic Park.
Greenvale Lakes Greenvale Lakes is a housing estate located in the suburbs of
Roxburgh Park and Greenvale, close to the Greenvale Reservoir. A new school has been built in Greenvale Lakes called
Kolbe Catholic College Greenvale Lakes.
Aspect Greenvale Aspect Greenvale is a housing estate located in Greenvale that overlooks the Greenvale Reservoir and the city skyline. ==Climate==