$940K
$176,453
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$1,040,000
Medium
$940,000
Low
$840,000
Confidence
Medium
Seize an exclusive opportunity to own an acre of cleared land in Hepburn Springs' prestigious dress circle. With a planning permit valid since June 2021 and a BAL rating of 29, this land offers commanding panoramic views towards Daylesford. Enjoy utmost privacy from its elevated position, near the iconic Mineral Springs Reserve and Hepburn Bathhouse. Access is via Lone Pine Avenue, and the site is prepared with surveys and planning approvals in place. Adjacent is a charming 3-bedroom Victorian home for sale on another acre. Utilities like electricity, town water, and sewerage are available, maximizing its potential.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
82.1%
$926K
2.8%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-
-$27,348
2.5%
Asking Price
$940,000
Estimated Purchase Price
$940,000
Stamp Duty
$51,470
Transfer Fee
$2,305
Conveyancing
$1,196
Deposit (10%)
$94,000
Reg. Mortgage
$129
LMI Premium
$26,803
Renovation Costs
-
Total Cash/Equity Required
$176,453
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
$55,836
$55,836
Net Cashflow Before Tax
-$39,069
-$31,398
Depreciation
-
-
Tax Offset
-$11,721
-$9,420
Net Cashflow After Tax
-$27,348
-$21,979
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,003,920
$1,814,849
Loan Balance
I.O
$846,000
$846,000
$157,920
$968,849
Location, 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
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
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
Below are some similar properties in the area you may be interested in.