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Withheld
$1,746
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$880,000
Medium
$850,000
Low
$820,000
Confidence
Medium
Discover an iconic opportunity in Kyneton with this 2,200 sqm property split into two titles and zoned for commercial use. Featuring a partially renovated Victorian home at 15 Jennings Street, with a grandiose facade and period details like stained glass windows and chandeliers, complemented by an 1,100 sqm vacant land at 13 Jennings Street. Ideal for development or investment, this prime location is central to Kyneton's cultural and commercial amenities. Currently undergoing renovations, the home features complete kitchen upgrades and unrenovated bathrooms. Embrace the chance to own a part of Kyneton's history and envision its future while enjoying the mature gardens and the proximity to Melbourne.
Trusted by over 13k property buyers and counting...
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67.3%
$840K
3.5%
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Try Picki for FREE$35,000
-$15,625
4.2%
Asking Price
-
Estimated Purchase Price
$815,000
Stamp Duty
$43,970
Transfer Fee
$2,013
Conveyancing
$1,196
Deposit (10%)
$81,500
Reg. Mortgage
$129
LMI Premium
$23,239
Renovation Costs
-
Total Cash/Equity Required
$152,596
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
$1,843
$2,405
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
$26,089
$37,739
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$22,322
-$10,672
Depreciation
-
-
Tax Offset
-$6,696
-$3,202
Net Cashflow After Tax
-$15,625
-$7,471
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$733,500
$733,500
$174,300
$907,586
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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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Trusted by over 13,000 property buyers and counting...
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
