Under Lake Macquarie council's Delivery Program 2013-17, which includes its 2014-15 budget, the council has allocated $7,250,000 to the Cameron Park Masterplan.

The money, drawn from the council's Section 94 funds, will be used to build community and recreational facilities in Northlakes Estate.

The plan includes playing fields, netball and tennis courts, playgrounds and a skate park, with amenities and car parks to complement it.

There will also be a two-storey sports complex, which will mainly be used to store sporting equipment, but could become a space for community groups.

Development is earmarked for the next financial year, with a $250,000 kickstart and $7 million in the two years to follow.

However, Lake Macquarie council's manager community planning John Ferguson said the council still had to fill the land before it could start construction.

Mr Ferguson said the facilities would benefit about 2000 children in Cameron Park.

"It's a young family area that's for sure," Mr Ferguson said.