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Lot 2 Foster Street, Merbein$471,450

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Lot 2 Foster Street

Merbein, VIC 3505, Australia

$449,000 – $493,900

1.3 ha

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About this property

* A huge opportunity with multiple avenues of great potential * A lot of the big ticket items have been done for you, with Town Water connected, zoning changed to Residential and the ability for Power to be connected * Surrounded by a rapid developing residential community, this vacant land offers the ability for further subdivision into additional residential allotments (STCA) or the rare chance to enjoy a rural lifestyle * Build your dream home while being only minutes away from all that the Merbein Township has to offer * Currently a Planning Permit in place for a 2 Lot subdivision * Take advantage of this very unique opportunity to entertain the avenue that best suits you

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 1.3 ha
Listed: 3 months ago

Repayment calculator

$2,286/month

$1,143 /fortnight

Loan $377,160 at 6.10% over 30 years

Upfront costs

Deposit$94,290

Stamp duty$23,357

Conveyancing (est.)$2,000

Total upfront$119,647

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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 Merbein

This land in Merbein, VIC 3505 sits within reach of public transport, local shops and nearby schools. It is listed 38% above the $341,250 median of 58 comparable landswithin 5 km.

Schools near Merbein

Merbein P-10 Collegecombined · Prep-10 · CoEd
Our Lady of the Sacred Heart Schoolprimary · Prep-6 · CoEd

What's nearby

Merbein P 10 College (bus) — 611 m away
Bakery Old Fashioned Breads — 649 m away
O’Bryan Street Playground — 453 m away
Apex Civic Park — 832 m away
Bildstien Park — 858 m away

Merbein at a glance

Full suburb profile

Population: 2,770
Median age: 44
Household income: $1,147/wk
Median rent: $210/wk
Median mortgage: $1,025/mo

Source: ABS Census.

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