$680K
$110,608
"This stunning property, tightly held by the same family for nearly 50 years, is located just 10 minutes west of Daylesford. Formed by ancient volcanic activity, this rich farmland plateau with long creek boundary and rocky outcrops provides stunning views over the surrounding countryside. Complete with a current planning permit for a contemporary 4 bedroom home this is the perfect site for your new country home. As there is stock on the property please contact Rae Corris 0408 358 772 for further details and to arrange access. 52 acres 20.2 hectares with panoramic views over the surrounding farmland towards the volcanic hills of Smeaton and Kooroocheang Current planning permit for 4 bedroom2 bathroom contemporary dwelling issued development to commence by 18th Nov 2025, completed by 18th Nov 2027 413m southern boundary to Langs Rd, northern boundary 537m, eastern boundary 413m, long creek boundary to west Fully fenced, 2 dams, power at Eastern Hill Rd. Farming Zone Hepburn Shire 10 minutes to Daylesford, 15 minutes to Creswick and 30 minutes to Ballarat"
Below are some similar properties in the area you may be interested in.
-
79.3%
$1.42M
2.1%
$260,000
-$7,514
5.5%
4.3%
-6.1%
6.0%
Asking Price
$760,000
Estimated Purchase Price
$665,000
Stamp Duty
$34,970
Transfer Fee
$1,662
Conveyancing
$1,196
Deposit (10%)
$66,500
Reg. Mortgage
$129
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$123,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,766
$41,516
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$10,735
$2,015
Depreciation
-
-
Tax Offset
-$3,220
$604
Net Cashflow After Tax
-$7,514
$1,410
Assumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$598,500
$598,500
$389,400
$1,187,388
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
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