$1.3M
$222,678
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover a versatile country retreat with breathtaking views of Mount Piper. This 1980 refurbished home sits on 15 acres of scenic countryside. The spacious interior includes five bedrooms, a custom-built kitchen, a home office, and a large games room. Enjoy the convenience of solar power, town water and power, and a heated swimming pool. With proximity to Kilmore East train station, Melbourne is just an hour away. Nearby amenities like cafes, schools, and a shopping center make this property an attractive option for both leisure and practicality.
Trusted by over 13k property buyers and counting...
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93.7%
$1.15M
2.5%
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Try Picki for FREE$585,000
+
36.0%
Asking Price
$69,500
Estimated Purchase Price
$65,000
Stamp Duty
$1,310
Transfer Fee
$258
Conveyancing
$1,196
Deposit (10%)
$6,500
Reg. Mortgage
$129
LMI Premium
$1,111
Renovation Costs
-
Total Cash/Equity Required
$11,053
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,805
$2,355
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
$16,528
$24,126
Interest Repayments
$3,861
$3,861
Net Cashflow Before Tax
$12,667
$20,265
Depreciation
-
-
Tax Offset
$3,800
$6,079
Net Cashflow After Tax
$8,867
$14,185
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$58,500
$58,500
$635,700
$1,196,448
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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