$550K
$88,351
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Try Picki for FREEConfidence
Medium
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Not Found
Discover your personal paradise on 41.1 acres of flexible land, perfect for tranquil living or a hobby farm. This property includes a 4-bedroom home ready for renovation, a shed, and a dam. Just 2 hours from Melbourne and 20 minutes from Bendigo CBD, experience rural privacy with city access.
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84%
$713K
510.9%
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Try Picki for FREE$10,000
-$24,688
-
Asking Price
$550,000
Estimated Purchase Price
$510,000
Stamp Duty
$25,670
Transfer Fee
$1,299
Conveyancing
$1,196
Deposit (10%)
$51,000
Reg. Mortgage
$129
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$91,118
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,975
-$6,491
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$35,269
-$36,785
Depreciation
-
-
Tax Offset
-$10,581
-$11,036
Net Cashflow After Tax
-$24,688
-$25,750
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$459,000
$459,000
$96,360
$544,959
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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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Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price