$79K
$11,770
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Try Picki for FREEConfidence
Medium
High
$100,000
Medium
$85,000
Low
$70,000
Confidence
Low
This 5-acre triangular rural block is located on the edge of the quiet country town of Bealiba. It offers potential for small-scale agricultural use, a weekend getaway, or an entry-level real estate investment. The farming-zoned block is bordered by Cochrans Creek and accessed via a sealed road. It's possibly suitable for residential use, subject to council approval. Bealiba offers basic amenities including a general store and a primary school, while more comprehensive services can be found in nearby Dunolly, Bendigo, and Maryborough. Note that the property lacks mains water and sewer connections.
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89%
$80K
22.8%
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+
13.7%
Asking Price
$99,000
Estimated Purchase Price
$95,000
Stamp Duty
$2,030
Transfer Fee
$328
Conveyancing
$1,196
Deposit (10%)
$9,500
Reg. Mortgage
$129
LMI Premium
$1,623
Renovation Costs
-
Total Cash/Equity Required
$15,356
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
$1,419
$1,851
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
$7,315
$10,967
Interest Repayments
$5,643
$5,643
Net Cashflow Before Tax
$1,672
$5,324
Depreciation
-
-
Tax Offset
$502
$1,597
Net Cashflow After Tax
$1,170
$3,727
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$90,780
$164,109
Loan Balance
I.O
$85,500
$85,500
$5,280
$78,609
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
Average Income
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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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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