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$469K
$80,973
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$470,000
Low
$440,000
Confidence
Medium
This home, set on a 545m² block, offers two spacious bedrooms with built-in robes, a central bathroom with wheelchair access, and a secondary outdoor toilet. The living space includes a light-filled lounge with a cozy gas heater, a separate dining area, and an updated kitchen with a gas cooktop. The sunny backyard requires minimal upkeep and the single lock-up garage can double as a workshop with plenty of off-street parking available. Located conveniently near Geelong's vibrant café and retail scene, top schools, and transport links, this home is ideal for those seeking comfort, convenience, or a smart investment.
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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
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8.8%
43.9%
$548K
4%
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Try Picki for FREE-$5,000
-$23,158
-
Asking Price
$484,000
Estimated Purchase Price
$475,000
Stamp Duty
$23,570
Transfer Fee
$1,217
Conveyancing
$1,196
Deposit (10%)
$47,500
Reg. Mortgage
$129
LMI Premium
$10,500
Renovation Costs
-
Total Cash/Equity Required
$84,662
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,868
-$6,352
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$33,083
-$34,567
Depreciation
-
-
Tax Offset
-$9,925
-$10,370
Net Cashflow After Tax
-$23,158
-$24,197
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$501,960
$907,424
Loan Balance
I.O
$427,500
$427,500
$74,460
$479,924
