10 Peter Thomson Circuit, Yarrawonga VIC 3730

Vacant residential land | 552m² | bushfire overlay applies | Yarrawonga College zone | sold $215,000 May 2025 This block at 10 Peter Thomson Circuit offers a rare entry point into a tightly held Yarrawonga residential pocket where vacant land is increasingly scarce. The 552m² size is considered efficient for a single-family dwelling without being oversized, and the absence of flood or heritage constraints simplifies approval pathways. Buyers seeking a build-ready site within the Yarrawonga College P-12 zone will find this property competitively positioned for owner-occupier demand, particularly given the town’s dual appeal to families and lifestyle buyers near Lake Mulwala. The presence of FTTP and 5G connectivity adds practical value for remote workers or holiday-home owners requiring reliable digital access. The bushfire overlay is the primary risk and must be assessed early, as it imposes higher construction standards and material costs that could affect total project budget. Buyers should confirm whether the land is titled and verify service connections—water, sewer, electricity, gas, and stormwater—before committing. Estate covenants or design guidelines may also apply, so a review of the subdivision plan is recommended. For an investor or developer, the recent sale price of $215,000 provides a clear cost baseline, but comparable sales should be checked to ensure current market alignment. Overall, this property suits a buyer prepared to manage bushfire compliance in exchange for a well-located, low-constraint site in a growing regional town.