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15 Racecourse Road, Nagambie$840,000
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15 Racecourse Road

Nagambie, VIC 3608, Australia
$800,000 – $880,000

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About this property

Are you a savvy developer looking for your next big project? Look no further! This exceptional 1.15-hectare (11,500 SQM) property in Nagambie is a dream come true. Situated on Racecourse Road, this land offers an exciting opportunity for those with a vision. Key Features: General Residential Zoning: This property is zoned for general residential use, opening up a world of possibilities for your development plans. Flat Terrain, No Trees or Shrubs: The land is like a billiard table, perfectly flat and free from any trees or shrubs. This makes it a developer's dream, simplifying the planning permit application process. Prime Location: Located just a stone's throw away from Nagambie's town center, convenience is at your doorstep. The following key destinations are easily accessible: Nagambie bus station 1km Lake Nagambie 1.1km Champions IGA 1.7km Development Potential: While the land is being sold without a planning permit, our preferred architectural designer is confident in obtaining one for the construction of 18-22 dwellings (S.T.C.A). These can be thoughtfully designed as single-story structures to keep development costs as low as possible. If this incredible development opportunity aligns with your criteria, don't hesitate to inquire. We can provide you with the section 32, a copy of the Strathbogie planning scheme, and connect you with our preferred architectural designer, who can provide further insights into the development potential of this site. Don't miss out on this golden opportunity to shape Nagambie's future. Contact us today to get started on your next successful development project!

Property Details

Property Type
land
Listing Type
For Sale
Listed
3 months ago

Repayment calculator

$4,072/month
$2,036 /fortnight
Loan $672,000 at 6.10% over 30 years

Upfront costs

Deposit$168,000
Stamp duty$45,470
Conveyancing (est.)$2,000
Total upfront$215,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Nagambie

This land in Nagambie, VIC 3608 sits within reach of and nearby schools. It is listed 44% above the $582,400 median of 70 comparable landswithin 5 km.

Schools near Nagambie

  • Nagambie Primary Schoolprimary · Prep-6 · CoEd

Nagambie at a glance

Full suburb profile
Population
2,254
Median age
51
Household income
$1,144/wk
Median rent
$295/wk
Median mortgage
$1,487/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Nagambie price trend

Median sold · House 3 bed

Compound growth +0.1% / yr over 4 yrs

$563kcurrent median

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1 price change recorded for this property

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