Atlantis Beach project director Jarrod Rendell outlined plans for the Capricorn Village Joint Venture-owned estate at the meeting.
Mr Rendell said the estate would have four public primary schools, including the existing Two Rocks primary, a public high school and private college.
‘Our vision for Atlantis Beach is to create an active community that blends with the existing town and benefits from its unique coastal location,’ he said.
‘Atlantis Beach is an opportunity for young families, growing families and downsizers to be a part of the unique township of Two Rocks; something different to the sprawling north-west corridor.’
Mr Rendell said the project would deliver about 5000 lots over the next three decades, with earthworks due to start at the southern end of the landholding this month.
The developers plan to do landscaping on Blaxland Avenue in October and open a sales office in the same month.
Construction of the first stage is due to take place between November and April 2015, before the first homes start being built next June, allowing residents to move in from about February 2016.
Mr Rendell said they needed local residents to get involved in the Yanchep Two Rocks Tourism Network, improving the Two Rocks town centre and sprucing up the iconic but neglected statue of King Neptune in Two Rocks.