$780K
$161,184
"Escape to a life of peace and quiet on this picturesque, easy to maintain property, where nature meets comfort. Nestled alongside the pristine Wombat State Forest with the Domino walking trail which allows you to walk to the iconic Radio Springs Hotel or walkcycle into historic Trentham, this charming property offers an idyllic country lifestyle. The lightfilled, airy 3bedroom home invites you to unwind and savour the tranquillity of the surrounding landscape. The expansive openplan living, dining and updated kitchen with stone bench tops and new appliances boasts cathedral ceilings, a cozy wood heater plus split system heatingair conditioning, ensuring comfort all year round. The homes bathroom features dual access to the bedrooms, a large shower recess, a luxurious spa bath, and a separate toilet. A second toilet is conveniently located in the separate laundry. This level 2acre allotment offers a 5050 mix of lush lawn areas native habitat with plenty of space for animals, veggie gardens or even an orchard. A standout feature is the large workshopgarage, complete with a concrete floor, power and plumbing, making it an ideal space for trades, hobbies or additional storage. Only 5 minutes drive from Trentham, 15 minutes from Daylesford, and just over an hour from Melbourne, youll enjoy the perfect balance of seclusion and convenience. An added bonus for young families is that schools, shopping, and cafes are just minutes away, this property is an excellent choice as a permanent residence, a peaceful weekend retreat, or a lowmaintenance rental investment."
Below are some similar properties in the area you may be interested in.
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86.3%
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-$55,000
-$23,190
2.8%
2.0%
-14.7%
6.0%
Asking Price
$780,000
Estimated Purchase Price
$840,000
Stamp Duty
$45,470
Transfer Fee
$2,071
Conveyancing
$1,196
Deposit (10%)
$84,000
Reg. Mortgage
$129
LMI Premium
$23,952
Renovation Costs
-
Total Cash/Equity Required
$157,367
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
$1,566
$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
$16,767
$24,438
Interest Repayments
$49,896
$49,896
Net Cashflow Before Tax
-$33,129
-$25,458
Depreciation
-
-
Tax Offset
-$9,939
-$7,638
Net Cashflow After Tax
-$23,190
-$17,821
Assumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$756,000
$756,000
$82,380
$759,592
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price