FAQ'S
Eynesbury is currently home to over 3,000 residents, comprising of approximately 1,000 households. There are currently 4,500 lots approved for development.
Eynesbury is considered part of metropolitan Melbourne, and is located 40 minutes from Melbourne’s CBD in the booming Western growth corridor. It also lies between two fast-growing ‘cities’ – Melton to the north and Werribee to the south, both of which lie within two of the fastest growing local government areas.
Resimax Group is the owner and developer behind Eynesbury. Their mission is to empower people to “live the way they want to live”. From their first homebuyer brands to masterplanned communities, through to helping people secure their future with property investment, they’re all about the power of property.
Eynesbury is the Group’s collective pride and joy. Everyone at Resimax Group feel honoured to be working with their partners and residents to create a bright new future for Eynesbury
First settled by Thomas Staughton in the 1840s, Eynesbury was named after his birthplace in England. Initially comprising 101,000 acres, it extended from Melton in the North to Staughton Vale in the South. 36,000 acres was annexed for the Melton Township with the rest divided between Thomas’ four sons. They Eynesbury station was then purchased by John Baillieu in 1947.
Originally the site was 18,000 acres before 3,000 acres were set aside for the Eynesbury township in 1947. Today, may of Eynesbury’s assets are listed in the Victorian Heritage Register and remain protected for generations to enjoy.
With the characteristics of an Australian country town, the Eynesbury masterplan has been designed adhering to the principles of New Urbanism.
This Philosophy promotes the creation of a self-sustaining, integrated town environment as an antidote to placeless urban sprawl.
Currently, 4,500 lots are approved for development as part of the masterplan. A large town centre (approximately 55,000m2) will comprise shops, office space, restaurants and medical facilities. Two additional roads will be built to connect the community to surrounding services and infrastructure.
Eynesbury will include all modern amenities, facilities and infrastructure you would expect from a town of this size, including recreational grounds, state-of-the-art sporting facilities and educational facilities.
Eynesbury already has many attractions including an 18-hold championship golf course and clubhouse and state-of-the-art sporting precinct.
The historic Eynesbury Homestead boasts a function facility and thriving restaurant and bar, Ms Peacock. Then there’s the monthly market, General store, the free Eynesbury community bus and an ever-growing number of playgrounds and sporting ovals.
With the exception of cats, domestic animals are permitted at Eynesbury. A strict council bi-law prohibiting cats is in place to protect local wildlife.
Resimax Group is working closely with local council to delivery the Mt Mary Rd to Ballan Rd project, which will connect Eynesbury directly to Wyndham and Werribee whilst significantly reducing travel times.
With over 88 species of flora and 165 species of fauna, Eynesbury is home to one of the largest remaining Grey Box woodlands in Victoria. A very popular location for bird watching, the Grey Box forest has a network of walking trails the provide public access.
Once your land title has been registered, you’ll automatically become a member of the owner’s corporation that sets out the rules that all owners are bound by. The owner’s corporation fees are approximately $1,100 per annum (invoiced quarterly).
A significant portion of the fees goes towards the maintenance and protection of the four environmental protected areas. The remainder is split between township maintenance, maintenance of nature strips and large lane ways, administration of owner’s corporation, insurances and community events.
The Eynesbury owner’s corporation is managed by Quantum United Management (QUM)
Please note: owner’s corporation fees are not used for golf course maintenance.
When Eynesbury was first approved for development, there were guidelines established for the environmentally sensitive areas surrounding the township. The EMP was created to maintain and protect those areas for future generations. This ensures that what makes the Eynesbury township so unique is safeguarded.
Within the Eynesbury Design Guidelines specific provisions exist for the development within the township. Once you have agreed on building plans, your builder will apply to the DRP. If all aspects of the plans meet the Design Guidelines the DRP will officially approve the plans for build.
The overall deposit is 10% of the sale price. A reservation fee of $2,000 is required at the time of reservation, with the remainder of the deposit due within three days of contract signing.
Once you have selected your lot, a reservation form and holding deposit will be taken to secure your lot (our website will update within 24 – 48 hours).
You then have seven days to sign your contracts and pay the balance of 10%. If contracts are not signed within this time, the lot will be returned for sale.
You are not permitted to resell your lot without the prior written approval from the developer.
If you need to sell your lot before settlement, as per the contract you must notify the vendor 30 days prior to sell and market the property.
GST has been included in the price listed in the land sale agreement and / or construction cost agreement. You will not be required to pay GST over and above these amounts.
A house and land package combines the purchase of a block of land and the construction of a home into one process, but with two contracts. The land and the house are generally bought from two different companies which is why there are two contracts. Land is purchased from the property developer, while the house is bought from the builder.
House and land packages are popular because buyers can know the combined price of their home and land from the outset, and reduce the amount of stamp duty paid as under a house and land package with two contracts you only pay stamp duty on the land.
As a rule of thumb, house and land packages require a 10% deposit on the land and 5% on the house when you sign your contracts.
Investing in land requires a larger amount of capital from the outset, however it is often considered one of the safer investments (compared to shares as an example) as you have acquired something tangible. You can also use equity over time to build further growth of your portfolio instead of additional capital. If a loan is taken out to purchase the land, you must also ensure you have sufficient funds for the interest repayments.
This is not financial advice, make sure you do your own independent research before purchasing land.
As a rule of thumb, Eynesbury requires a 10% deposit on the full price of your land when you sign your contracts.
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