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18 Oak Grove

Murrumbateman, NSW 2582, Australia
$650,000
25821542m²

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Area Price Guide
$611,000$689,000

Indicative price guide range

🏘️
61
Comparable
📊
$1.07m
Area median
⚖️
-40%
vs median
📐
$0
Per m²
📏
25821542 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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About this property

Many people ask what distinguishes one block of land from another, and our usual answer is to simply go and step on them. Feel them underfoot. Until you personally experience a block of land, you can't possibly determine that it's an ideal physical and creative fit for your visions. Located in a quiet cul-de-sac on the perimeter of Murrumbateman village, and just 25 minutes from Canberra, this amazing block of land is what you need to realise your new home dreams. Its superb northern aspect allows you to design your new home with the living areas to its front, and bedrooms to the rear and the cooler south, then add the spa and pool, shed and gardens. The block's flexible RU5 (village) zoning and rectangular shape also makes it ideal for dual-occupancy dwellings under the single or strata titles. Under either scenario each dwelling would have on a 50% or 771m2 share of the block. Whether you're a larger family style of buyer, or a builder/developer the attractive dual-occupancy permissions give you enormous lifestyle flexibilities, and maximum investment returns. The NSW Government Low Rise Housing Diversity Code could mean that this block may be used for a dual occupancy with strata title subdivision under Complying Development approval, which is a completely different path to the Development Application (DA) process. Lot 17 is perfectly elevated with a mild contour and within walking distance of the pulsing village shops, café's, food outlets and services. The younger kids can even walk to the primary school each morning too. Setting wise, Summerfield Rise is a recent edge of village development consisting of just 26 similar sized Lots that have no time to build stipulations and are connected to the mainstream village water and sewerage systems. Murrumbateman is a rapidly progressing area that should reach town size within the next 10 years. This forecast growth is underpinned by an expanding array of local services that include doctors, dentists, pharmacists and trades. Two recent social infrastructure upgrades included the partial duplication of the Barton Highway to Canberra and the opening of the Murrumbateman Primary School. Yes, it's an energetically prosperous place to live with the average population age being 42 years. But many retirees are now discovering the benefits of living in the country and having the required services either down the street, in nearby Canberra or in Yass which is 14 minutes drive away. If you're a developer, a dual-occ development with a stunning home and easily maintained block of land could prove popular with these retiree buyers. Lifestyle wise, Murrumbateman is firmly placed on the tourism map due to its world class vineyards and cellar door outlets and restaurants. Essentially, this is your chance to break free of city layout planning restrictions associated with tight postage stamp city blocks and build to the limits of your dreams, not just a limited block size. So, you're welcome to come along and stand on beautiful ground! Property Technical Specifications Time to build stipulations: none Services (envisaged): FTTN, 5 day letter mail delivery to the front gate, weekly wheelie bin household waste collection, fortnightly wheelie bin recycle collection, 150m to school bus shelter for buses to/from Canberra/Yass Water: connected to Murrumbateman village water supply, but buyers will need to install a minimum 5000lt rainwater catchment tank Sewage: connected to Murrumbateman sewage system Neighbourhood Services: 3-4mins to Fairley Early Childhood Service (full day care centre, school holiday programmes hours 7am-6.30pm weekdays, Murrumbateman Early Childhood Centre Assoc. 3-5 year olds hours 8am-4pm weekdays, & the newly opened primary school, Murrumbateman village & Fairley Square with their general store/service station, butcher, cafes, doctors & chemists, hairdressers & family inn Estimated rates & council zoning: $3,100 approx., RU5 (village) Please note: buyers interested in dual-occupancy & strata title developments will need to make their own enquires with Yass Valley Council on 6226 1477 Please note: boundaries depicted on images are approximate.

Property Features

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    Repayment calculator

    $3,151/month
    $1,576 /fortnight
    Loan $520,000 at 6.10% over 30 years

    Upfront costs

    Deposit$130,000
    Stamp duty$19,904
    Conveyancing (est.)$2,000
    Total upfront$151,904
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    land
    Listing Type
    For Sale
    Land Area
    25821542m²
    Listed
    2 months ago

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