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$750K
$158,322
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Medium
This iconic Federation-era home in Benalla's vibrant CBD offers both historical charm and modern convenience. Built 100 years ago, it features solid double brick construction, high ceilings, and classic floorboards. The property is exceptionally versatile, structured as a dual residence with up to 7 bedrooms and 3 living areas, offering unlimited potential for personalization. Its prime location provides easy access to supermarkets, medical centers, Lake Benalla, and a heated indoor pool, making it ideal for both residential living and commercial use.
Trusted by over 13k property buyers and counting...
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59.1%
$290K
7.6%
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Try Picki for FREE-$125,000
-$21,245
3.2%
Asking Price
$750,000
Estimated Purchase Price
$845,000
Stamp Duty
$45,770
Transfer Fee
$2,083
Conveyancing
$1,196
Deposit (10%)
$84,500
Reg. Mortgage
$129
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$158,322
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,850
$2,414
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
$19,843
$28,849
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$30,350
-$21,344
Depreciation
-
-
Tax Offset
-$9,105
-$6,403
Net Cashflow After Tax
-$21,245
-$14,941
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$760,500
$760,500
$8,460
$629,597
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 - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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