$530K
$84,662
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Try Picki for FREEConfidence
High
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Medium
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Discover this beautifully modernized home near Clunes township. The property sits on a third of an acre and features three bedrooms, a bathroom, and a separate office perfect for remote work. High-end appliances enhance the kitchen, and the home includes efficient heating and cooling systems, along with 6kW solar panels. Outdoor spaces shine with a large deck, bar, and family-friendly features like a custom playground. Safe and secure with full-height fencing, it's ideal for dog owners. Ample parking is available with a large double garage. Enjoy convenience with a short walk to shopping and the train station.
Trusted by over 13k property buyers and counting...
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82.9%
$631K
3.7%
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Try Picki for FREE$20,000
-$9,645
4.5%
Asking Price
$530,000
Estimated Purchase Price
$490,000
Stamp Duty
$24,470
Transfer Fee
$1,252
Conveyancing
$1,196
Deposit (10%)
$49,000
Reg. Mortgage
$129
LMI Premium
$10,832
Renovation Costs
-
Total Cash/Equity Required
$87,429
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
$29,106
$29,106
Net Cashflow Before Tax
-$13,779
-$6,718
Depreciation
-
-
Tax Offset
-$4,134
-$2,015
Net Cashflow After Tax
-$9,645
-$4,702
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$441,000
$441,000
$103,680
$543,652
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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