$380K
$74,517
"Welcome to this highly desired northwest facing allotment of 1547sqm of nearflat land in the heart of Lyonville. This exceptional parcel of land is your canvas, ready for you to build the perfect regional weekender or permanent tree change home. With a recent Hepburn Shire endorsed amended planning permit for a stunning twobedroom, twobathroom residence 24sqs including garage, the possibilities are endless. Key Features Excellent approved plans for a new build which is highlighted by a massive kitchenliving space spilling onto a covered alfresco area which is blessed by wonderful northwest natural light Prime Location Enjoy wide street frontage on one of Lyonvilles most desired streets and just a few minutes stroll to the famed Radio Springs Hotel, short drive to Lyonville mineral springs, and the Domino walking trail into Trentham, youll have plenty of local attractions to explore. Convenient Amenities Power is located just metres from the approved house site or go off grid with solar panels, whatever you choose youre ready to start building your dream home. Community Living Join the welcoming Lyonville community and experience the warmth and camaraderie of smalltown living. Immerse yourself in the tranquillity and natural beauty of regional living. This is more than just land its a lifestyle opportunity. The hard work in gaining a council approved Planning Permit has been done and this allotment is ready for you to make it your own. Dont miss your chance to be a part of the Lyonville community and start building the life youve always dreamed of."
Below are some similar properties in the area you may be interested in.
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86.3%
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$375,000
-$6,991
5.1%
3.5%
-9.6%
6.0%
Asking Price
$380,000
Estimated Purchase Price
$410,000
Stamp Duty
$19,670
Transfer Fee
$1,065
Conveyancing
$1,196
Deposit (10%)
$41,000
Reg. Mortgage
$129
LMI Premium
$9,064
Renovation Costs
-
Total Cash/Equity Required
$72,673
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,566
$2,043
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$14,367
$21,022
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$9,987
-$3,332
Depreciation
-
-
Tax Offset
-$2,996
-$1,000
Net Cashflow After Tax
-$6,991
-$2,332
Assumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$369,000
$369,000
$469,380
$1,146,592
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price