$1.1M
$206,419
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
This Victorian residence, located in the prestigious dress circle of Hepburn Springs, offers a unique blend of historical charm and modern comforts. Built in the early 1900s and held by one family for five decades, this property sits on an elevated acre above the Mineral Springs Reserve. Featuring original Baltic timber linings, high ceilings, and modern amenities like split system heating/cooling, this home provides a remarkable degree of privacy. The land's eastern slope ensures privacy, and further development potential exists with Council approval.
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82.1%
$926K
2.8%
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Try Picki for FREE-$50,000
-$27,282
3.1%
Asking Price
$1,100,000
Estimated Purchase Price
$1,100,000
Stamp Duty
$60,500
Transfer Fee
$2,680
Conveyancing
$1,196
Deposit (10%)
$110,000
Reg. Mortgage
$129
LMI Premium
$31,365
Renovation Costs
-
Total Cash/Equity Required
$206,419
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,566
$2,043
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$26,366
$38,100
Interest Repayments
$65,340
$65,340
Net Cashflow Before Tax
-$38,974
-$27,240
Depreciation
-
-
Tax Offset
-$11,692
-$8,172
Net Cashflow After Tax
-$27,282
-$19,068
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$990,000
$990,000
$131,400
$1,037,224
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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