$355K
$52,672
"Nestled on the edge of town, this expansive 5acre vacant block of land offers the best of both worlds the tranquillity of the countryside and the convenience of urban living only minutes away. Situated on a corner position with two entrances, this property provides you with the freedom to design your dream residence just the way you envision it. With a vast 5acre expanse, this property offers plenty of room for your creativity to flourish, whether youre dreaming of a spacious estate or a cozy retreat. Enjoy the flexibility of two entrances, allowing for easy access and design options to suit your preferences. The property is equipped with a power pit and phone connections near the entrance, simplifying the building process and ensuring a smooth transition to your new home. A mere 6minute drive will take you to the heart of Daylesfords main street, where you can explore shops, cafes, and all the amenities this charming town has to offer. Experience the best of both worlds with a mixture of native gum trees and deciduous trees gracing the landscape. Enjoy the changing seasons and the beauty they bring to your property yearround. This vacant 5acre block of land is a rare gem, offering endless possibilities for your future home. Whether you desire a serene countryside escape or a family haven, this property has the space and natural beauty to make your dreams a reality. Dont miss out on this unique opportunity. Contact Gary Cooke on 0409 003356 or garycookejelliscraig.com.au today to seize your piece of the Daylesford regions idyllic landscape and start building the life youve always imagined STCA. Features include Approx. 5 acres 20,228sqm Under 10 minutes to Daylesford Town Centre Power available on the street Native gums and some deciduous trees Corner block with two entrances 25 to 35 minutes to Kyneton, Trentham, Castlemaine and Ballarat Just over an hour to Melbourne"
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
79.3%
$1.42M
2.1%
$895,000
+
9.5%
7.4%
5.9%
6.0%
Asking Price
$385,000
Estimated Purchase Price
$355,000
Stamp Duty
$16,370
Transfer Fee
$936
Conveyancing
$1,196
Deposit (10%)
$35,500
Reg. Mortgage
$129
LMI Premium
$7,848
Renovation Costs
-
Total Cash/Equity Required
$62,529
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,366
$38,100
Interest Repayments
$21,087
$21,087
Net Cashflow Before Tax
$5,279
$17,013
Depreciation
-
-
Tax Offset
$1,584
$5,104
Net Cashflow After Tax
$3,696
$11,909
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$319,500
$319,500
$1,015,500
$2,093,862
Did you know you need to engage a conveyancer when buying a property?
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