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Withheld
$223,621
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Try Picki for FREEConfidence
High
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Medium
Nestled on six acres of beautiful rural land, this solid-brick custom-built residence offers a rare combination of seclusion and modern convenience. Just minutes from Bittern's lively town center and the Peninsula Link, the home features a sophisticated blend of formal and elegant living spaces. The two-level layout includes an upper floor dedicated to open living areas with as-new appliances and a balcony with stunning views. The ground floor houses four bedrooms, including a main suite with ensuite. Outdoor amenities like a pool, four paddocks, and a large shed make this estate on the Mornington Peninsula a perfect haven for both relaxation and recreation.
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87.9%
$1.92M
2%
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Try Picki for FREE$1,545,000
+
624.0%
Asking Price
$6,000
Estimated Purchase Price
$5,000
Stamp Duty
$70
Transfer Fee
$117
Conveyancing
$1,196
Deposit (10%)
$500
Reg. Mortgage
$129
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$2,647
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,452
$1,895
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
$24,081
$34,833
Interest Repayments
$297
$297
Net Cashflow Before Tax
$23,784
$34,536
Depreciation
-
-
Tax Offset
$7,135
$10,361
Net Cashflow After Tax
$16,649
$24,175
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$4,500
$4,500
$1,650,900
$2,988,069
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
