FOR SALE
$290,000

31 Lanteris Road
Wy Yung VIC 3875

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 0.4ha
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EXCLUSIVE LAND RELEASE

Titled and ready to build!
Introducing a new & exclusive Lanteri's Road land release, a prestigious real estate opportunity nestled in the popular Wy Yung region. One of three lots of offer, this elevated parcel boasts a northerly aspect and stunning valley views that extend towards the magnificent Gippsland Lakes. Situated just a couple of minutes' drive from town, this location offers convenience and tranquility.
Spanning 4000 sqm, this impressive elevated block offers ample space for you to create your dream home. The lot is fenced on three sides with the access to this exclusive development is via the quiet Lanteri's Road.
Imagine waking up to the picturesque vistas of the surrounding valley and towards the Gippsland Lakes.
Power & town water are all available and ready for connection with protective covenants in place to ensure a high quality development.
The location of Lanteri's Road offers the best of both worlds, a retreat from the hustle and bustle of town, while still being within easy reach of all the amenities and conveniences. Whether it's shopping, dining, or recreational activities, everything is just a couple of minutes drive.
Don't miss out on this rare opportunity to build your dream home in a quiet popular location.
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Property Details for 31 Lanteris Rd, Wy Yung

Building Type
Land
Land Size
0.4ha

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About Wy Yung 3875

The size of Wy Yung is approximately 35.4 square kilometres. It has 8 parks covering nearly 0.3% of total area. The population of Wy Yung in 2011 was 1,709 people. By 2016 the population was 1,658 showing a population decline of 3.0% in the area during that time. The predominant age group in Wy Yung is 50-59 years. Households in Wy Yung are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Wy Yung work in a trades occupation. In 2011, 74.5% of the homes in Wy Yung were owner-occupied compared with 77.9% in 2016.

Wy Yung has 1,090 properties. Over the last 5 years, Houses in Wy Yung have seen a 55.29% increase in median value, while Units have seen a 64.71% increase. As at 30 September 2024:

  • The median value for Houses in Wy Yung is $569,443 while the median value for Units is $384,007.
  • Houses have a median rent of $420.
There are currently 28 properties listed for sale, and no properties listed for rent in Wy yung on OnTheHouse. According to CoreLogic's data, 36 properties were sold in the past 12 months in Wy yung.

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