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Lot 516/40 Austral Street, Beveridge VIC 3753

$429,000 HELP TO BUY EQUITY SCHEME

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$429k - $450k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 2 Baths 2 Cars 448 m² 23 m²

Listed: yesterday

Updated: 1 hour ago

Overview

This property offers a unique opportunity to enter the Victorian Government / Housing Australia Shared Equity Scheme, enabling eligible buyers to purchase a new house and land package with a reduced upfront cost. Situated in the sought-after Timbarra Estate of Beveridge, this fixed-price turnkey home is designed with modern family living in mind.

Set on a 448 square metre lot, the residence itself is compact yet thoughtfully laid out with 22.6 square metres of floor space, encompassing four bedrooms, two bathrooms, and two parking spaces. The house is yet to be constructed, allowing purchasers to build with confidence, benefiting from premium inclusions and energy-efficient designs that contribute to a sustainable and comfortable lifestyle.

Highlights include a 7-star energy efficient home design complemented by double glazed windows ensuring year-round comfort. The kitchen and bathrooms feature 20mm stone benchtops and stainless steel appliances including a dishwasher, enhancing both functionality and style. Additional touches such as front and rear landscaping, fencing, roller blinds, quality flooring, LED downlights, flyscreens, and tiled shower bases collectively create a turnkey package that balances aesthetics with ease of living.

Perfect for first home buyers, downsizers, growing families, or investors, the home offers a low-maintenance lifestyle combined with the peace of mind that comes from a reputable builder and a fully titled property. The shared equity structure reduces the initial financial burden, making home ownership more accessible while still offering long-term value in a thriving community.

With formal eligibility criteria and finance approvals required, this property suits buyers ready to take advantage of government schemes and secure a premium new home in a vibrant location. Early engagement is recommended to secure preferred lots and start planning the next stage of home ownership.

Local Market Insights

In Beveridge, Quiet Listings observed 59 new houses entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $658,990. The property type mix of listed properties is predominantly Houses at 89%, followed by land (9%), and townhouses (2%). The most active agency for houses in the Beveridge area is currently Ancora Property Group, representing 71% of new listings, followed by Ray White with 10%. 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.