$500K
$98,495
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
Discover a charming weatherboard home in Clunes, seamlessly blending country charm and modern conveniences on 10 picturesque acres. Perfect for a hobby farm or serene retreat, enjoy amenities like expansive shedding, four paddocks, and breathtaking views. The main house includes two bedrooms, a renovated bathroom, and a well-equipped galley kitchen. Timber floors, a cozy wood heater, and a split-system air conditioner promise year-round comfort. A versatile bungalow and additional living quarters offer guest space or rental possibilities. Extensive facilities, including a machinery shed, stables, and a foxproof chook house, complete this idyllic property.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
86.7%
$515K
5.4%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$25,000
-$9,885
4.5%
Asking Price
$560,000
Estimated Purchase Price
$520,000
Stamp Duty
$26,270
Transfer Fee
$1,323
Conveyancing
$1,196
Deposit (10%)
$52,000
Reg. Mortgage
$129
LMI Premium
$11,495
Renovation Costs
-
Total Cash/Equity Required
$92,962
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
$1,566
$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
$16,767
$24,438
Interest Repayments
$30,888
$30,888
Net Cashflow Before Tax
-$14,121
-$6,450
Depreciation
-
-
Tax Offset
-$4,236
-$1,935
Net Cashflow After Tax
-$9,885
-$4,515
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$468,000
$468,000
$114,060
$584,226
Below are some similar properties in the area you may be interested in.
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
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
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 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
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 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