Plans lodged with the City of Greater Bendigo show it would spread across roughly 17 hectares of land at 60 and 100 Emu Creek Road and be built in five stages.

Developer Country Club Living has told the council the development would help deal with a shortage of accommodation expected to hit Strathfieldsaye in decades to come.

"The Strathfieldsaye community is aging, with a lack of local over 55-year-old residential offerings to enable residents to 'age in place'," the company said in its planning application.

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As well as units, developers would create a nine-hole "pitch 'n putt" style golf course, lawn bowling green and privately managed road network.

They would also build a community centre complete with residents' bar, dining room, kitchen, library, gym and indoor pool.

The project would transform paddocks on Strathfieldsaye's outskirts. A dam would be removed, as well as patches of what is largely regrowth forest and 27 other scattered trees.

Trees in other sections of the site would remain and some areas would be revegetated with native plants, Country Club Living said.

The company believed bushfire risks could be reduced by the amount of cleared land around it, and buffers like the nearby Emu Creek.

"As Strathfieldsaye further develops, it is expected that the land to the north and to the east will be developed for standard residential purposes. This will further reduce bushfire risk affecting the site in the medium-to-long-term," the company said.

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That creek can sometimes flood sections of the site but Country Club Living would not place units anywhere where that might be a problem.

The golf course and other communal nature areas would sit on land that one-in-100-year floods could wash through, the company said.

Country Club Living believe that the existing road network can handle extra traffic with some alterations, including the sealing of some as well as modifications to a number of intersections.

Changes would also help if emergency vehicles needed access to the village.

An extra 85 vehicles would use the road during peak periods, developers' traffic engineers estimated.

Overall, vehicles would use the road an extra 435 times a day when the last stage of the village had been built.

Country Club Living expected that to happen in roughly 10 years time.

The group already has a presence in Junortoun as well as villages across other parts of Victoria.

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