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2 Wyndella Road, Lochinvar, NSW 2321
Lochinvar
The property comprises a 4.171 hectare* site with potential residential development upside, strategically located on a key intersection between the Lochinvar and Anambah Urban Release Areas.
The site is currently zoned RU2 Rural Landscape, however is within a future investigation area and identified in the Hunter Regional Plan 2041. The property is currently improved with a brick veneer home, sheds, garage, stables and equine arena.
The population of the city is forecast to grow by an additional 54,800* residents, with an average annual growth rate of 2.4%* to home over 144,550 residents by 2041 (DPE 2022). The annualised growth rate from 2016-2021 was 2.7%*, compared to 1.0% for the Newcastle LGA and 1.3%* for the Hunter Region.
There has been a spike in pricing within the Maitland LGA over 2022 and 2023 due to increased net migration to regional markets post Covid-19, with our research indicating that serviced residential land in the western corridor of the Maitland LGA had a compound annual growth rate (CAGR) of 10.15%* from 2015–2023.
The property is For Sale by Expressions of Interest closing Thursday 9 May 2024 at 4pm (AEST).
For more information, please contact Peter Macadam or Ben Robinson.
*Approximate
Remember to mention you found this property on DevelopmentReady
The property comprises a 4.171 hectare* site with potential residential development upside, strategically located on a key intersection between the Lochinvar and Anambah Urban Release Areas.
The site is currently zoned RU2 Rural Landscape, however is within a future investigation area and identified in the Hunter Regional Plan 2041. The property is currently improved with a brick veneer home, sheds, garage, stables and equine arena.
The population of the city is forecast to grow by an additional 54,800* residents, with an average annual growth rate of 2.4%* to home over 144,550 residents by 2041 (DPE 2022). The annualised growth rate from 2016-2021 was 2.7%*, compared to 1.0% for the Newcastle LGA and 1.3%* for the Hunter Region.
There has been a spike in pricing within the Maitland LGA over 2022 and 2023 due to increased net migration to regional markets post Covid-19, with our research indicating that serviced residential land in the western corridor of the Maitland LGA had a compound annual growth rate (CAGR) of 10.15%* from 2015–2023.
The property is For Sale by Expressions of Interest closing Thursday 9 May 2024 at 4pm (AEST).
For more information, please contact Peter Macadam or Ben Robinson.
*Approximate
Remember to mention you found this property on DevelopmentReady
2 Wyndella Road, Lochinvar, NSW 2321
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
