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Withheld
$527,252
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Try Picki for FREEConfidence
Medium
High
$3,000,000
Medium
$2,800,000
Low
$2,600,000
Confidence
Low
This elegant period-style residence is mere metres from Eastern Beach, a highly coveted location in Geelong. It marries charm with functionality, highlighted by high ceilings, leadlight windows, exposed brickwork, and natural light. The ground floor features a flexible layout with a formal lounge and study, a spacious bedroom, a beautifully designed bathroom, and a north-facing conservatory. The luxurious kitchen with stone surfaces and European appliances opens to a private rear garden. Upstairs, there are two more bedrooms, a living area, a bathroom, and a balcony with captivating views. At the top of a spiral staircase, a widow's watch offers sweeping views. Additional features include a detached studio with a kitchenette and off-street parking accessed via a rear lane.
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56.6%
$1.36M
2%
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Try Picki for FREE-$160,000
-$99,607
1.4%
Asking Price
$3,200,000
Estimated Purchase Price
$2,960,000
Stamp Duty
$172,400
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$296,000
Reg. Mortgage
$129
LMI Premium
$92,620
Renovation Costs
-
Total Cash/Equity Required
$566,510
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,603
$2,092
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
$33,529
$48,299
Interest Repayments
$175,824
$175,824
Net Cashflow Before Tax
-$142,295
-$127,525
Depreciation
-
-
Tax Offset
-$42,689
-$38,258
Net Cashflow After Tax
-$99,607
-$89,268
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,990,400
$5,405,932
Loan Balance
I.O
$2,664,000
$2,664,000
$326,400
$2,741,932
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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
