Today Heritage Lake serves a joint purpose as a rural subdivision and as a source for family recreation.
Apart from the town, there are 28 villages, official rural subdivisions within the Commune.
The area was unpopulated until the 1960s, and settlement in two rural subdivisions took place in the 1990s.
Conservation development is usually applied to rural, exurban or suburban residential subdivisions, though it does have a few urban applications (Doyle 4).
Immediately surrounding the urban area of Tara, there are a number of rural subdivisions of 'lifestyle blocks'.
In addition to agricultural land, there is an area of rural residential subdivisions located in the southwest corner of the town.
In urban areas Urban Local Bodies exist instead of these rural subdivisions.
It is one of only three rural subdivisions in Fayette County - to protect farmland from development they are now illegal to build.
At the time of its building in the 1960s it was a rural subdivision, though it is now bounded by new subdivisions to its west.
The development has been replaced by a much smaller scale, upmarket rural residential subdivision.