$1.4M
$298,898
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Discover this environmentally friendly Bluestone home, a perfect tree-change escape on 23.5 acres in Central Victoria. The house boasts a timeless bluestone exterior with 32 squares of living space featuring beautiful Oregon beams and magnificent wooden windows. It includes five spacious bedrooms, an office, large master suite, and two split systems for air conditioning. Entertain in the enclosed outdoor area or park up to six vehicles in the large carport. A massive colour bond shed offers endless possibilities. With 88,000 L rainwater tanks and a 2-megalitre dam, this property is a true retreat.
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87.4%
-
-
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Try Picki for FREE-$225,000
-$47,133
2.1%
Asking Price
$1,400,000
Estimated Purchase Price
$1,575,000
Stamp Duty
$86,625
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$157,500
Reg. Mortgage
$129
LMI Premium
$49,282
Renovation Costs
-
Total Cash/Equity Required
$298,898
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,222
$37,912
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$67,333
-$55,643
Depreciation
-
-
Tax Offset
-$20,200
-$16,693
Net Cashflow After Tax
-$47,133
-$38,950
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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
$1,417,500
$1,417,500
$24,300
$1,188,931
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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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projected
for 2024 to 2026
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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