Withheld
$66,217
"Sitting at the Head of Johanna lies this breathtaking and established lifestyle property on just over 16.5 acres with lush Otway views. Stylishly updated throughout theres nothing left to do but move in and enjoy the magical lifestyle the Otways provides. Sitting high and elevated the home provides modern, classy living with panoramic views property round. Comprising of 4 bedrooms all with BIRs, the master of which features a sleek ensuite. A light and bright filled kitchen has both a great cooktop and wood stove and overlooks the open dining. The living area is an entertainers dream. Relax and enjoy company in a huge room that is serviced by a wood heater and split system, whilst having access to the deck to enjoy a cuppa with a view The central bathroom has a bath, shower and vanity. Outside find manicured gardens and thoughtful landscaping that one cant help but admire upon inspection. There is fenced off paddocks to hold livestock and also a large dam onsite. Relax in the pool in the summer months, you dont even have to leave your own property to go for a walk through nature. There is sundry shedding available for storage, a work shop or vehicle parking. If the property wasnt enough then the location may just seal the deal. Located on the renowned Great Ocean Road centrally located between Apollo bay, port Campbell and some of the most popular rain forests, bush walks and coastlines in Australia. An inspection truly is a must to fully appreciate this one."
Below are some similar properties in the area you may be interested in.
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81.2%
$450K
3.5%
-$300,000
-$25,856
2.6%
1.8%
-15.3%
6.0%
Asking Price
$900,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,811
$2,363
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
$16,522
$24,118
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$36,938
-$29,342
Depreciation
-
-
Tax Offset
-$11,081
-$8,803
Net Cashflow After Tax
-$25,856
-$20,539
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$810,000
$810,000
-$169,200
$348,414
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 13.0%
Agriculture, Forestry and Fishing - 12.0%
Retail Trade - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price