$2.55M
$486,031
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,600,000
Medium
$2,400,000
Low
$2,200,000
Confidence
Not Found
Experience the allure of a prestigious lifestyle in Bellarine's limited small-acre properties. Nestled with stunning north-facing ocean views and a scenic setting, the property is an easy commute to Geelong and Avalon Airport. This elegant Malishev period homestead features a formal sitting room with sea views and an open plan kitchen leading to wrap-around verandahs and lush lawns. Bordered by native flora and birdlife, the property includes a three-bay roller door shed with utilities and is supported by town water, rainwater tanks, and solar power.
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82.6%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$150,000
-$109,437
-
Asking Price
$2,550,000
Estimated Purchase Price
$2,550,000
Stamp Duty
$145,750
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$255,000
Reg. Mortgage
$129
LMI Premium
$79,791
Renovation Costs
-
Total Cash/Equity Required
$486,031
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,603
$2,092
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
-$4,868
-$6,352
Interest Repayments
$151,470
$151,470
Net Cashflow Before Tax
-$156,338
-$157,822
Depreciation
-
-
Tax Offset
-$46,901
-$47,346
Net Cashflow After Tax
-$109,437
-$110,475
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,563,200
$4,633,656
Loan Balance
I.O
$2,295,000
$2,295,000
$268,200
$2,338,656
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
Average Income
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projected
for 2025 to 2027
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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