I read that the Abbotsford Convent Foundation celebrated its 10th anniversary this year. The Good Shepherd nuns sold the site in 1975, although the Good Shepherd Foundation still has a presence at the neighbouring Church and hostel, and the farmland became the Collingwood Children's farm.
The convent itself became part of the Lincoln Institute and subsequently La Trobe University. The University sold the site in the late 1990s, and a residential development was proposed. However, with State Government assistance it was returned to public ownership, and the Abbotsford Convent Foundation was established to own and manage it, with a focus on arts, culture and learning.