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$1.7M
$283,040
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Low
Located in Chintin, just an hour from Melbourne, 590 Kennedys Lane is a stunning 4-bedroom, 2-bathroom property that captures the essence of rural living. This home features spacious bedrooms with a master ensuite, central bathroom, timber floors, gas heating, and multiple split systems for year-round comfort. With seven-car accommodation, including a double carport, a machinery shed, barn, and equestrian facilities, it's perfect for hobbyists and those with agricultural interests. The property also boasts a seasonal creek, three dams, and is ideal for grazing, making it an exceptional opportunity for countryside living near Melbourne.
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88.3%
$1.25M
2.7%
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Try Picki for FREE-$40,000
-$61,372
-
Asking Price
$1,500,000
Estimated Purchase Price
$1,390,000
Stamp Duty
$76,450
Transfer Fee
$3,358
Conveyancing
$1,196
Deposit (10%)
$139,000
Reg. Mortgage
$129
LMI Premium
$43,494
Renovation Costs
-
Total Cash/Equity Required
$264,176
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,843
$2,405
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
-$5,108
-$6,665
Interest Repayments
$82,566
$82,566
Net Cashflow Before Tax
-$87,674
-$89,231
Depreciation
-
-
Tax Offset
-$26,302
-$26,769
Net Cashflow After Tax
-$61,372
-$62,462
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,251,000
$1,251,000
$190,800
$1,355,431
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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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.
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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
