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$1.3M
$216,076
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Try Picki for FREEConfidence
High
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Medium
Nestled in the picturesque hamlet of Glenlyon, this stunning property, once an 1861 primary school, spans over 4857sqm. It blends historical charm with modern versatility, featuring a beautifully reimagined schoolhouse with soaring 5m high ceilings and open-plan living areas. The chefs kitchen and adjacent butlers pantry add practicality and style. Two detached garden studios with verandas, each equipped with a kitchenette and bathroom, provide additional accommodation or workspace options. A spacious north-facing covered deck and lush grounds enhance the property's appeal. Its history as a café and BnB presents future venture potential. Close to local attractions and just 10 minutes from Daylesford, this is a unique opportunity to own a piece of history in a serene setting.
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88.1%
$500K
5%
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Try Picki for FREE$115,000
-$23,697
3.7%
Asking Price
$1,295,000
Estimated Purchase Price
$1,135,000
Stamp Duty
$62,425
Transfer Fee
$2,762
Conveyancing
$1,196
Deposit (10%)
$113,500
Reg. Mortgage
$129
LMI Premium
$35,515
Renovation Costs
-
Total Cash/Equity Required
$216,076
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
$1,566
$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
$33,566
$48,347
Interest Repayments
$67,419
$67,419
Net Cashflow Before Tax
-$33,853
-$19,072
Depreciation
-
-
Tax Offset
-$10,156
-$5,722
Net Cashflow After Tax
-$23,697
-$13,350
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,021,500
$1,021,500
$313,500
$1,391,862
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
