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$550K
$112,517
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
The fully renovated cream brick home is charming and modern, perfectly blending updates and character. Ideal for families or investors, the property offers comfort with three spacious bedrooms, each with built-in robes, and an open-plan kitchen, meals, and living space featuring polished hardwood floors. Year-round comfort is ensured with split system heating and cooling. Located within walking distance to Kennington Reservoir and primary schools, and in close proximity to the Bendigo CBD and recreational amenities, this property combines convenience with tranquil living.
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68.4%
$603K
315%
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Try Picki for FREE-$40,000
-$12,896
4.0%
Asking Price
$550,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,623
$24,250
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$18,423
-$10,796
Depreciation
-
-
Tax Offset
-$5,527
-$3,239
Net Cashflow After Tax
-$12,896
-$7,557
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$531,000
$531,000
$56,400
$530,879
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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...
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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
