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$539K
$86,506
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
Discover a charming and meticulously cared-for property perfect for first-time homebuyers, investors, or those looking to downsize and enjoy a relaxed lifestyle. With its picturesque weatherboard exterior and well-tended gardens, this home exudes warmth. Inside, high ceilings, ornate picture rails, and plantation shutters enhance the sense of space. The open-plan living and dining area, featuring unique mantles, offers garden views. The modernized kitchen boasts a 900mm freestanding oven, gas cooktop, dishwasher, and ample storage. Two spacious bedrooms with built-in wardrobes are complemented by a renovated bathroom and separate toilet. Step outside to a serene courtyard, garden shed, and carport with access via Oxford Street. Conveniently located near schools, shopping, and childcare facilities in a sought-after Geelong neighborhood, this property combines charm with accessibility.
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68%
$755K
3.4%
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Try Picki for FREE$50,000
-$14,245
3.6%
Asking Price
$649,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,290
$22,340
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$20,350
-$13,300
Depreciation
-
-
Tax Offset
-$6,105
-$3,990
Net Cashflow After Tax
-$14,245
-$9,310
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$540,000
$540,000
$154,200
$714,948
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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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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
