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Lot 217 McMahons Place Estate, Echuca VIC 3564

$390,000 HELP TO BUY SCHEME OPPORTUNITY

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$390k - $410k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 712 Square metres

Listed: 8 days ago

Updated: 2 days ago

Overview

This listing presents a rare opportunity to secure a brand-new house and land package within the prestigious McMahons Place Estate in Echuca, tailored specifically for eligible participants in the Victorian Government's Help To Buy Shared Equity Scheme. With a contract buyer share price of $384,000 (60% ownership) for a full property value of $640,000, this turnkey option allows purchasers to realize homeownership with significant government support.

Designed to accommodate diverse buyer profiles—ranging from first home buyers to investors or downsizers—the residence will be newly constructed to meet modern living standards. The home will be situated on a titled block measuring 712 square metres, offering a balance of manageable outdoor space and privacy.

The thoughtfully designed five-room layout includes four bedrooms, two bathrooms, and provisions for two parking spaces, creating a comfortable environment for families and those who value functional living spaces. Notably, the home promises a 7-star energy efficiency rating, reflecting a commitment to sustainability and reduced running costs.

Premium inclusions elevate the quality and functionality of the property: from 20mm stone benchtops throughout the kitchen, bathroom, and ensuite to sophisticated finishes including LED downlights, roller blinds, tiled shower bases, and flyscreens on windows and sliding doors. The kitchen will feature 900mm stainless steel appliances and a dishwasher, ideal for modern culinary needs. Heating and cooling packages ensure year-round comfort.

Beyond the quality of construction, prospective owners can expect a seamless building process with reputable builders, providing peace of mind and confidence in the final result. The package emphasizes value without compromising on style or craftsmanship, making it a practical but stylish choice.

This property offers more than just a home—it presents a path to secure, affordable housing under an innovative government scheme, making it particularly attractive for buyers who meet the scheme qualifications, including Australian citizenship, first-home buyer status or exemptions, income limits compliant with government thresholds, and joint finance approvals from Housing Australia and banking institutions.

With limited availability in the estate, this opportunity is ideal for motivated home seekers looking to build their future in one of Echuca’s sought-after communities, combining quality, affordability, and a supportive ownership scheme.

Local Market Insights

In Echuca, Quiet Listings observed 61 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $810,180. The property type mix of listed properties is predominantly Houses at 95%, followed by land (5%). The most active agency for houses in the Echuca area is currently Bianca Norris - CLK Real Estate, representing 36% of new listings, followed by First National with 31%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.