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$1.75M
$265,799
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
Discover a remarkable country estate set on approximately 30 acres, offering breathtaking natural beauty with a serene ambiance. Enter through the gated entrance to find an impressive Australian Colonial home with bull-nosed verandahs, two full brick garages, and robust water resources including a 90,000-litre underground water tank, a freshwater creek boundary, and a bore. The property boasts a 4-bedroom, full-brick home with spacious living areas and high vaulted ceilings. Enjoy the outdoor space with pasture areas, a citrus orchard, and access to Bucca Creek. Located just minutes away from Moonee Beach and major shopping centers, this tranquil estate awaits its transformation. The property includes a saltwater pool, various sheds, a backup generator, and plantation hardwood trees.
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0%
75%
$1.16M
2.9%
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Try Picki for FREE$220,000
-$39,983
2.7%
Asking Price
$1,750,000
Estimated Purchase Price
$1,530,000
Stamp Duty
$67,205
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$153,000
Reg. Mortgage
$164
LMI Premium
$43,235
Renovation Costs
-
Total Cash/Equity Required
$265,799
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,257
$1,640
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$33,763
$48,604
Interest Repayments
$90,882
$90,882
Net Cashflow Before Tax
-$57,119
-$42,278
Depreciation
-
-
Tax Offset
-$17,136
-$12,683
Net Cashflow After Tax
-$39,983
-$29,594
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,377,000
$1,377,000
$492,000
$2,001,707
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
