The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$1.49M
$260,404
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Medium
Nestled on over 10 acres in a picturesque location, this property offers stunning views of The Patch valley and Yarra Ranges. Ideal for a peaceful, self-sustaining lifestyle, it's close to Emerald, Belgrave, and Monbulk. Features include a main house circa 1930, equipped with updated amenities and three bedrooms, along with self-contained bungalows for dual occupancy or rental income potential. The land is suitable for gardening, animal raising, and enjoying the serenity. Enjoymodern conveniences with solar, tank water, and heating systems, making this an ideal family or lifestyle choice in the Dandenong Ranges community.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
89.9%
$850K
4.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$20,000
-$30,663
3.9%
Asking Price
$1,700,000
Estimated Purchase Price
$1,620,000
Stamp Duty
$89,100
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$162,000
Reg. Mortgage
$129
LMI Premium
$50,690
Renovation Costs
-
Total Cash/Equity Required
$307,281
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,907
$2,488
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
$52,423
$75,228
Interest Repayments
$96,228
$96,228
Net Cashflow Before Tax
-$43,805
-$21,000
Depreciation
-
-
Tax Offset
-$13,141
-$6,300
Net Cashflow After Tax
-$30,663
-$14,700
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,458,000
$1,458,000
$250,800
$1,631,104
