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$420K
$67,139
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$435,000
Low
$410,000
Confidence
Medium
This charming three-bedroom home, nestled in a quiet street near the Showgrounds and Bendigo Hospital, offers immense potential for first-time buyers or DIY enthusiasts. A spacious block provides room for creative outdoor designs, while the versatile interior layout features a bright kitchen adjacent to the dining and lounge areas. Polished floorboards and high ceilings enhance the home's warm, airy atmosphere. Enjoy comfort year-round with ducted heating and cooling. The large backyard invites expansion, featuring vegetable beds and a workshop shed for hobbies. Conveniently located near primary schools and just minutes from Bendigo's CBD.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
Below are some similar properties in the area you may be interested in.
2.1%
57.1%
$445K
5.1%
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Try Picki for FREE$45,000
-$5,588
5.6%
Asking Price
$420,000
Estimated Purchase Price
$390,000
Stamp Duty
$18,470
Transfer Fee
$1,018
Conveyancing
$1,196
Deposit (10%)
$39,000
Reg. Mortgage
$129
LMI Premium
$8,621
Renovation Costs
-
Total Cash/Equity Required
$68,984
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,710
$2,231
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
$15,183
$22,200
Interest Repayments
$23,166
$23,166
Net Cashflow Before Tax
-$7,983
-$966
Depreciation
-
-
Tax Offset
-$2,395
-$290
Net Cashflow After Tax
-$5,588
-$676
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$464,580
$839,850
Loan Balance
I.O
$351,000
$351,000
$113,580
$488,850
