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Lot 4/18 Placid Waay, Wyndham Vale VIC 3024

$331,992.00 HELP TO BUY EQUITY SCHEME.

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$332k - $349k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 2 Baths 1 Car 250 m² 13 m²

Listed: yesterday

Updated: 3 hours ago

Overview

This new house and land package in Somerdale Heights, Wyndham Vale, offers a rare opportunity to purchase a turnkey home under the Victorian Government's Help to Buy Equity Scheme. Targeted at eligible buyers such as first home purchasers or those meeting exemption criteria with income limits, the scheme facilitates a shared equity model that significantly lowers the purchase price to $331,992, representing 60% of the full property value of $553,320.

The property is a modern residence designed with family functionality in mind. It features three bedrooms and two bathrooms, complemented by secure parking for one vehicle. The relatively compact land area of 250 square metres ensures manageable outdoor upkeep, suitable for homeowners seeking a balance between indoor comfort and outdoor space.

Inside, quality construction is evident with features like 2590mm ceiling height that enhances spatial perception, and thoughtfully selected turnkey inclusions such as a 900mm upright cooker with rangehood, 20mm composite stone benchtops, stainless steel dishwasher, and split system air conditioning to ensure year-round comfort. Additional practical details include flooring throughout, flyscreens and blinds, fencing and letterbox, front and rear landscaping, alarm system, and compliance with 7-star energy ratings and National Construction Code standards.

This property is ideal for various buyers including first home buyers eager to enter the market with government support, downsizers seeking a manageable well-equipped home, or investors looking for well-positioned turnkey properties. The development is titled and situated in a sought-after estate, offering peace of mind and modern living standards. Buyers benefit from a seamless building experience with a reputable builder, ensuring quality without compromise.

Overall, this package combines affordability, quality finishes, and practical design, making it an attractive proposition for those prioritizing comfort, efficiency, and value in an emerging residential community.

Local Market Insights

In Wyndham Vale, Quiet Listings observed 90 new houses entering the market over the last 30 days, up from 67 during the previous 30-day period, with an average advertised asking price of $604,687. The property type mix of listed properties is predominantly Houses at 88%, followed by land (10%), and townhouses (2%). The most active agency for houses in the Wyndham Vale area is currently Ray White, representing 32% of new listings, followed by Ancora Property Group with 29%. 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.