$1.3M
$246,257
"Situated in a desirable neighbourhood, 2 Rogers Drive boasts a prime location that is conveniently located within easy reach of the Kyneton Train Station making for easy commuting or effortless travel to Melbourne and Bendigo via the VLine. Situated close to local shops, schools, and recreational facilities as well, this country lifestyle property offers all the peaceful advantages of rural living with the convenience of town minutes away. Whether youre looking to relax in the tranquil surroundings or explore the vibrant community, this property offers the best of both worlds. The interior features lightfilled living spaces, a smart modern kitchen which connects the large openplan living areas and is an avid cooks dream. Offering two oversized living spaces providing plentiful natural light via large banks of windows which additionally afford stunning garden views in all directions. Offering four large, light and bright bedrooms with the main accompanied by a lovely ensuite and walkin robe, there is ample room for all the family. The outdoor area is perfect for entertaining guests or simply enjoying the fresh air and is accessed easily via the main living spaces. With its wellmanicured garden, olive grove and abundant fruit trees including Pear, Apple, Plum, Chestnut, Hazelnut, Grape vines, Quince plus vegetables, and herbs, this property is a horticulturists paradise and an ideal gardeners home. Add to this, the property is not just a home its an ideal infrastructure with carports, garages, and work sheds, catering to all your needs. 3 phase power, container height roller doors, and plenty of storage. Plenty of water including drinkable bore water, 2 water tanks approx 30,000 litres each tank This property is truly a hidden gem. Dont miss out on the opportunity to make this your peaceful and serene country home. Contact us today to schedule a viewing and experience the beauty of country living in Kyneton."
Below are some similar properties in the area you may be interested in.
-
69.9%
-
-
-$195,000
-$36,423
2.5%
1.9%
-14.8%
6.0%
Asking Price
$1,295,000
Estimated Purchase Price
$1,295,000
Stamp Duty
$71,225
Transfer Fee
$3,136
Conveyancing
$1,196
Deposit (10%)
$129,500
Reg. Mortgage
$129
LMI Premium
$40,521
Renovation Costs
-
Total Cash/Equity Required
$246,257
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,500
$46,258
Property Management
+7.7% PA
$2,503
$3,562
Rates
+3.0% PA
$1,843
$2,405
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
$24,890
$36,031
Interest Repayments
$76,923
$76,923
Net Cashflow Before Tax
-$52,034
-$40,892
Depreciation
-
-
Tax Offset
-$15,610
-$12,268
Net Cashflow After Tax
-$36,423
-$28,624
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$1,165,500
$1,165,500
$9,300
$958,259
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply