$320K
$60,684
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Try Picki for FREEConfidence
Medium
High
$360,000
Medium
$320,000
Low
$280,000
Confidence
Not Applicable
Discover your perfect retreat on a serene 5-acre bushland allotment in Denver, Australia. This picturesque escape backs onto the seasonal Back Creek and includes a cozy shack and wood shed. With power and telephone services accessible on the road, this land offers the opportunity for an off-grid, sustainable lifestyle, subject to Council approval. Located in the Hepburn Shire Rural Living Zone, this tranquil sanctuary is a haven for diverse wildlife. Enjoy the charming proximity to Glenlyon, with easy access to nearby towns like Daylesford and Trentham, and just an hour's drive from Melbourne.
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88.1%
$500K
5%
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Try Picki for FREE-$15,000
-$17,311
-
Asking Price
$320,000
Estimated Purchase Price
$335,000
Stamp Duty
$15,170
Transfer Fee
$890
Conveyancing
$1,196
Deposit (10%)
$33,500
Reg. Mortgage
$129
LMI Premium
$7,406
Renovation Costs
-
Total Cash/Equity Required
$58,840
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
-$24,730
-$26,202
Depreciation
-
-
Tax Offset
-$7,419
-$7,861
Net Cashflow After Tax
-$17,311
-$18,342
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$301,500
$301,500
$40,260
$316,321
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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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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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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