$700K
$117,288
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High
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Medium
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This charming brick veneer home at 5 Flood Street, Clunes, epitomizes comfort and convenience in a suburban setting. With a wide verandah and manicured yard, the residence boasts an open plan living space, a well-equipped kitchen featuring stone surfaces, and modern bathrooms. The home is thoughtfully designed with ducted heating, cooling, and solar panels. Outside, a large alfresco area and a powered shed offer versatile options for entertaining or projects. The location puts you within walking distance to schools and the town center.
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87.3%
$495K
5.2%
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Try Picki for FREE-$130,000
-$16,298
3.4%
Asking Price
$700,000
Estimated Purchase Price
$650,000
Stamp Duty
$34,070
Transfer Fee
$1,627
Conveyancing
$1,196
Deposit (10%)
$65,000
Reg. Mortgage
$129
LMI Premium
$18,534
Renovation Costs
-
Total Cash/Equity Required
$121,105
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
$1,566
$2,043
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
$15,327
$22,388
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$23,283
-$16,222
Depreciation
-
-
Tax Offset
-$6,985
-$4,867
Net Cashflow After Tax
-$16,298
-$11,355
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$585,000
$585,000
-$29,640
$418,959
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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