$1.6M
$333,362
"Approached via a sweeping circular driveway and poised to capture magnificent views reaching to the Yarra Valley, Red Rock, and the Melbourne city skyline, this spacious four bedroom residence on 5.6 acres approx. presents an idyllic family lifestyle of peaceful privacy, while remaining convenient to all amenities. Gorgeous verandas and bay windows enhance the impact of the stunning views, captured from multiple living and entertaining areas including formal lounge and dining areas, the open kitchen with timber cabinetry and quality appliances, casual meals area, family, rumpus, and outdoor entertaining areas. Accommodation places three bedrooms all with builtin robes and a pristine central bathroom with a shower and bath to the ground floor, while the heavenly primary bedroom suite to the upper level comes complete with double builtin robes and an ensuite providing a peaceful retreat with yet more bay windows taking in the dreamy views. The home also comes with an integrated double garage, ducted heating, evaporative cooling, woodfuelled heater, ceiling fans, excellent storage, and a large laundry. There is also ample water supply including 20,000 and 10,000 gallon water tanks. Parklike grounds include a paddock with a dam, and lawned landscaped areas with drip system watering, with a secondary 70m approx. long driveway leading to the 9.5m x 10m American style barn which is powered, sewered, and plumbed with a kitchenette and powder room with ample room to park several vehicles while also offering workshop space. Privately situated in a prestige pocket surrounded by luxury homes, yet highly convenient to Calder Freeway access, boutique wineries, schools, and less than a 10 minute drive to Gisborne shops, cafs, supermarkets, and services, this is the forever home of your dreams"
Below are some similar properties in the area you may be interested in.
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81.9%
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-$35,000
-$54,935
1.8%
1.4%
-16.9%
6.0%
Asking Price
$1,599,000
Estimated Purchase Price
$1,720,000
Stamp Duty
$94,600
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$172,000
Reg. Mortgage
$129
LMI Premium
$53,820
Renovation Costs
-
Total Cash/Equity Required
$325,910
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,690
$34,323
Interest Repayments
$102,168
$102,168
Net Cashflow Before Tax
-$78,478
-$67,845
Depreciation
-
-
Tax Offset
-$23,544
-$20,353
Net Cashflow After Tax
-$54,935
-$47,491
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,799,580
$3,253,212
Loan Balance
I.O
$1,548,000
$1,548,000
$251,580
$1,705,212
Did you know you need to engage a conveyancer when buying a property?
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price