Lot 114, 47 Druitt Road, Lake Wyangan, NSW 2680 - More Details
$249,000
Nuova on Druitt is a new chapter in refined living, perfectly positioned above the shimmering waters of Lake Wyangan, just 5km from the heart of Griffith CBD.
Town services include water, power, NBN and sewer
All lots are level and regular in shape
Site design to limit traffic movement and enhance liveability
Development will include open green space and playground
Just 450 meters to Griffiths bike track network linking Lake Wyangan to Griffith & Hanwood
Designed for those who value space, serenity and a true sense of community, Nuova on Druitt is quickly emerging as the next must-have address for families.
This exclusive land release has been thoughtfully planned to prioritise privacy and peaceful living. With cul-de-sac streets only and no through roads, Nuova offers an almost residents-only feel quiet, safe and community-focused. It's the kind of place where kids ride bikes freely, neighbours know each other, and evenings are enjoyed in calm, open surroundings.
This lot 702.5m2 in size, with a street frontage of 25.21 metres.
The location forms a significant land release in Griffith's development corridor with Councils vision and infrastructure upgrades ensuring Lake Wyangan will be a vital part of the cities housing shortage solution.
Construction is scheduled to begin mid 2026 with completion expected mid/late 2027. Now is the ideal time to secure your future, only pay the deposit today with the balance paid on completion in mid/late 2027.
Forward thinking investors will see the opportunity to lock in a lot and get the maximum taxation benefits for construction of brand new homes.
From the budget announcement, the tax advantages associated with negative gearing will largely be directed towards new residential builds, with established residential investments purchased after the Budget changes no longer receiving the same treatment. Investors purchasing eligible new builds will also continue to have favourable CGT treatment compared with established housing. The clear policy direction is to encourage investment into creating new housing supply.
That makes Nuova on Druitt particularly interesting, as capital city prices become increasingly unaffordable high yielding investments in key regional markets are set to perform very strongly.
From a market perspective, we're seeing a compelling value proposition.
Recent residential land sales in Griffith have been achieving around $400 per square metre.
Registered titled land currently available is generally being marketed around $420 per square metre.
Nuova on Druitt is currently available off the plan from approximately $360 per square metre.
Under supply of rental property across the city for those looking to invest makes Griffith a sought after location.
While nobody can guarantee future capital growth, purchasing below today's comparable market levels provides a strong starting point and creates the potential for immediate equity growth as the estate progresses through development.
Construction is scheduled to commence late July 2026, with title registration anticipated in late 2027. The benefit of buying now is that you only need to pay the deposit, with the remaining balance not payable until settlement. This gives you time to plan, save and prepare while securing today's pricing. Griffith City Council's drainage and future proofing upgrades and road works are nearing completion, just in time for the major civil works to commence on-site. Lake Wyangan is where Griffith City Council are driving as their next growth corridor.
Whether you're looking to build your forever home, create a future investment or simply secure land in one of Griffith's most exciting growth communities, it's worth taking a look.
Check out these recent resales for buyers who secured land off the plan in similar developments, investors have generated returns upwards of 50% from their initial purchase price.
Maher Circuit Griffith, off the plan sale $149,000 sold June 2026 $299,000
Agostino Drive Griffith, off the plan sale $101,600 sold Dec 2025 $195,000
Pritchard Street Griffith, off the plan sale $175,500 sold Jun 2026 $270,000
Goolgumbla Circuit Griffith, off the plan sale $115,000 sold Jun 2026 $200,000
Madden Drive Griffith, off the plan sale $140,000 sold March 2026 $255,000
Piper Circuit Griffith, off the plan sale $150,000 sold Jan 2026 $310,000
- Type
- Residential Land
- Area
- 702.5 m²
