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$895K
$146,870
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Try Picki for FREEConfidence
Medium
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Not Found
Nestled on 2 acres, this renovated 1890s home once served as the Springmount Post Office. With stunning views of the adjoining State Forest, the property offers rural charm and modern convenience. Minutes from Creswick, and accessible to Daylesford, Ballarat, and Melbourne, it provides tranquility without sacrificing accessibility. The interior features open-plan living spaces, a well-equipped kitchen, polished timber floors, and cozy fireplaces. The property includes a master suite, three spacious bedrooms, a rumpus room, expansive decking, terraced yard, workshop, ample parking, and a large dam. A veggie patch, chicken coop, orchard, and bocce court complete this family-friendly rural retreat.
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87.8%
$655K
313.6%
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Try Picki for FREE$95,000
-$37,893
-
Asking Price
$895,000
Estimated Purchase Price
$830,000
Stamp Duty
$44,870
Transfer Fee
$2,048
Conveyancing
$1,196
Deposit (10%)
$83,000
Reg. Mortgage
$129
LMI Premium
$23,666
Renovation Costs
-
Total Cash/Equity Required
$155,459
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$54,133
-$55,605
Depreciation
-
-
Tax Offset
-$16,240
-$16,682
Net Cashflow After Tax
-$37,893
-$38,924
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Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$747,000
$747,000
$240,900
$1,038,888
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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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
