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$330K
$65,295
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$380,000
Medium
$350,000
Low
$320,000
Confidence
Not Applicable
This remarkable 464m2 block in Central Bendigo is perfectly positioned for convenience and lifestyle. Situated in a prestigious and tightly held area, it's a rare opportunity to establish a dream home or invest for the future. Located minutes from Central Bendigo's CBD, La Trobe University, and Strath Village Shopping Complex, it presents the ideal blend of education, shopping, and recreation nearby. The block is serviced, features its own street frontage, and represents a valuable investment in a desirable suburb. Adjoining plots are also available, emphasizing the potential this area holds.
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87.3%
$1.18M
123.2%
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Try Picki for FREE-$45,000
-$19,907
-
Asking Price
$350,000
Estimated Purchase Price
$395,000
Stamp Duty
$18,770
Transfer Fee
$1,030
Conveyancing
$1,196
Deposit (10%)
$39,500
Reg. Mortgage
$129
LMI Premium
$8,732
Renovation Costs
-
Total Cash/Equity Required
$69,906
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
$23,463
$23,463
Net Cashflow Before Tax
-$28,438
-$29,954
Depreciation
-
-
Tax Offset
-$8,531
-$8,986
Net Cashflow After Tax
-$19,907
-$20,968
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Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$355,500
$355,500
$18,300
$320,241
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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
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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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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
