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$310K
$47,289
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Try Picki for FREEConfidence
Medium
High
$360,000
Medium
$320,000
Low
$280,000
Confidence
Low
Seize the opportunity to own a 2775 sqm block of land in the rural township of Newlyn. Just a 15-minute drive from Daylesford and 20 minutes from Ballarat, this level land offers the tranquility of a peaceful setting surrounded by farmland. With an approved planning permit for a homestead-style, three-bedroom, two-bathroom residence, and mains power pit ready for connection, this property is prepared for your dream home, subject to council approval. Ideal for those seeking a rural lifestyle close to urban amenities.
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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
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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.
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
84.7%
-
-
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Try Picki for FREE$5,000
-$8,080
4.1%
Asking Price
$340,000
Estimated Purchase Price
$315,000
Stamp Duty
$13,970
Transfer Fee
$843
Conveyancing
$1,196
Deposit (10%)
$31,500
Reg. Mortgage
$129
LMI Premium
$5,382
Renovation Costs
-
Total Cash/Equity Required
$53,570
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$7,168
$10,775
Interest Repayments
$18,711
$18,711
Net Cashflow Before Tax
-$11,543
-$7,936
Depreciation
-
-
Tax Offset
-$3,463
-$2,381
Net Cashflow After Tax
-$8,080
-$5,555
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$283,500
$283,500
$58,260
$334,321
