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2.239HA (5.53 Acres) Central Residential Development Opportunity, Creswick$650,000

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2.239HA (5.53 Acres) Central Residential Development Opportunity

Creswick, VIC 3363, Australia

Approximate location shown. Contact agent for exact address.

$650,000

2.24 ha

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About this property

Situated in the vibrant and ever increasingly popular township of Creswick, the sale of this former state school plantation represents an exclusive infill development opportunity. An elevated site, the land overlooks Calembeen Park's two lakes and is walking distance from the town centre and Creswick train station. The land is zoned General Residential. A prime parcel of land in an outstanding location for developers that are looking to capitalise on future growth in this highly popular and self contained township. Sale price will attract GST Stamp duty is not payable on the purchase of crown land

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 2.24 ha
Listed: 3 months ago

Repayment calculator

$3,151/month

$1,576 /fortnight

Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000

Stamp duty$34,070

Conveyancing (est.)$2,000

Total upfront$166,070

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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 Creswick

This land in Creswick, VIC 3363 sits within reach of public transport, local shops and nearby schools. It is listed 13% above the $575,000 median of 57 comparable landswithin 5 km.

Schools near Creswick

Creswick North Primary Schoolprimary · Prep-6 · CoEd
Creswick Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Drummond St/Victoria St (bus) — 90 m away
The Farmers Arms — 397 m away
Unnamed — 227 m away
Unnamed — 297 m away
Unnamed — 320 m away

Creswick at a glance

Full suburb profile

Population: 3,279
Median age: 50
Household income: $1,144/wk
Median rent: $275/wk
Median mortgage: $1,300/mo

Source: ABS Census.

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