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$1,746
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Property Inspection Report
Property Overview
Amazing lifestyle properties available, ranging from 2000m2 to 3.5 acres, perfect for living with horses or cattle. These farm-zoned lots require individual building applications. Benefit from flat, arable land with convenient town water access. Mains power is nearby, and there’s good road access, some lots even have direct bitumen frontage. Located in the original Mangalore township, close to Seymour, Avenel, and Melbourne. A great opportunity for rural living within reach of the city.
Inspection Checklist
- Verify the exact size of the allotments (2000m2 to 3.5 acres).
- Confirm the zoning details and any restrictions (farm zoned, STCA).
- Check the availability and connection process to town water (STWA).
- Investigate proximity to mains power and cost of connection.
- Assess the quality and maintenance of road access and bitumen frontage.
- Examine the flatness and arability of the land.
- Verify the proximity to Melbourne, Seymour, and Avenel.
- Explore potential for building applications and associated approvals.
Questions for Agent
- Can you clarify what the farm zoning entails for these lots?
- What does STCA mean in the context of building applications?
- How is access to town water handled for these properties?
- Is there a specific process or cost for connecting to mains power?
- Could you provide more information about the quality of road access?
- How does the lot's location relate to nearby towns and Melbourne?
- Are there any additional costs or restrictions we should know about?
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Location Opportunity
Mitchell Shire statistics
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
49,460
2021 Population
33
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Very Diverse
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
income growth
High
Average Income
COMMUTE TIME
78mins
40kms
Average
Pr
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Li
Po
Population Growth
Average Population
POPULATION vs SUPPLY
Balanced
Projected Population Growth
19.6%
projected
for 2025 to 2027
Very High
Su
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9.2%
High
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
RENTAL YIELD
Poor
Average Rental Yield
VACANCY RATE
Very Good
Average Vacancy Rate
Days of Supply
Good
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Excellent
Average Population
Pricing
Sold Price
Asking Price
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