7 Lusitano StreetTaylors Lakes VIC 3038
Property Details for 7 Lusitano St, Taylors Lakes
7 Lusitano St, Taylors Lakes is a 4 bedroom, 2 bathroom House and was built in 2022. The property has a land size of 400m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (September 2023)
Taylors Quarter is the last major land release in the heart of Taylors Lakes. Live walking distance to schools, parks, Watergardens Shopping Centre and the Watergardens Train Station.
This is a rare opportunity to secure land to build your ideal home. Create a garden oasis perfect for alfresco dining to entertain family and friends, or lounge by the pool in deck chairs with a cool drink.
At Taylors Quarter your options are endless.
STAGE 6 & 7 SALES PROCESS
1, Stage 6 & 7 (17 lots) will be released via ballot at 9am, Saturday 9th November at the Taylors Quarter Sales Office, McCubbin Drive,Taylors Lakes.
2, To participate in the ballot, you must first register by paying a $5,000 registration fee in person at the Taylors Quarter Sales Office. The registration payment can be used towards the deposit. Registrations will open at 11am Friday 1st November and close 4pm Friday 8th November. No ballot registrations will be accepted prior to this date or on the day of the ballot.
3, Registered parties are to arrive at the Taylors Quarter Sales Office by 8:30am on Saturday 9th November. The ballot will be drawn from 9am, names will be called, and you will have the opportunity to select your preferred lot. Due to strong demand, we advise that you should have an alternative choice should your desired lot not be available. Only one lot can be purchased per registration and the name drawn on the ballot must be the same name that appears on the contract. If the person signing the contract doesn't have the same name as the one drawn in the ballot, the Sales Consultant will have the right to cancel the hold and reallocate the lot to the next eligible person, unless otherwise approved. Transferring your right to choose a lot is not permitted. Multiple registrations are not permitted.
4, Successful parties will need to pay the balance of the 10%deposit required to purchase the lot and sign an unconditional contract of sale by 4pm on Sunday10th November (or as per terms agreed to by the sales agent on the day). Successful persons are entitled to purchase one lot only. Only one lot per household may be purchased on the day, unless lots remain unsold after the ballot process.
5, All payments can be made payable to Core Projects (VIC) Pty Ltd (Development Victoria?s appointed Sales Agent) - or via bank transfer (EFT). Registration deposits can be made with a Visa or Mastercard. Cash will not be accepted and valid photo identification will be requested upon signing, and receipts will be issued. Importantly, payment must be made from within the Sales Office on McCubbin Drive from an account under the same name as the signatory of the contract.
6, Parties who are unsuccessful in the ballot have the option of a full refund of their $5,000 ballot registration fee within 5 business days, or to remain registered in the ballot process for future stage releases.
Property History for 7 Lusitano St, Taylors Lakes, VIC 3038
- 04 Sep 2023Listed for Sale Not Disclosed
- 26 Oct 2022Sold for $555,000
- 18 Oct 2022Listed for Sale Under Contract
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0About Taylors Lakes 3038
The size of Taylors Lakes is approximately 7.5 square kilometres. It has 22 parks covering nearly 17.3% of total area. The population of Taylors Lakes in 2011 was 16,095 people. By 2016 the population was 15,508 showing a population decline of 3.6% in the area during that time. The predominant age group in Taylors Lakes is 50-59 years. Households in Taylors Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Taylors Lakes work in a clerical occupation. In 2011, 87% of the homes in Taylors Lakes were owner-occupied compared with 86.4% in 2016.
Taylors Lakes has 6,148 properties. Over the last 5 years, Houses in Taylors Lakes have seen a 20.82% increase in median value, while Units have seen a 30.41% increase. As at 31 October 2024:
- The median value for Houses in Taylors Lakes is $931,266 while the median value for Units is $541,377.
- Houses have a median rent of $585 while Units have a median rent of $455.
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