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$1.4M
$239,654
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High
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Low
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Confidence
Experience serene country living in Porcupine Ridge. This 5-acre property boasts a charming single-level brick home with two spacious living areas. Enjoy comfort with a Kent wood-fired heater, reverse cycle heating, and cooling. The kitchen features stainless steel appliances and ample space, seamlessly extending to alfresco dining. Find tranquility in the lush gardens, framed by silver birches and elms, and relax by the dam. The home offers three bedrooms, a study nook, and convenient amenities. Located just 10 minutes from Daylesford, enjoy nearby attractions and the vibrant town experience. Embrace a peaceful and connected lifestyle in this idyllic rural retreat.
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89.1%
$900K
2.3%
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Try Picki for FREE$20,000
-$38,525
2.4%
Asking Price
$1,400,000
Estimated Purchase Price
$1,330,000
Stamp Duty
$73,150
Transfer Fee
$3,218
Conveyancing
$1,196
Deposit (10%)
$133,000
Reg. Mortgage
$129
LMI Premium
$41,616
Renovation Costs
-
Total Cash/Equity Required
$252,859
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
$1,566
$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
$23,967
$34,685
Interest Repayments
$79,002
$79,002
Net Cashflow Before Tax
-$55,035
-$44,317
Depreciation
-
-
Tax Offset
-$16,511
-$13,295
Net Cashflow After Tax
-$38,525
-$31,022
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,197,000
$1,197,000
$244,800
$1,409,431
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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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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
