$1.53M
$261,347
"Phone enquiries please quote property ID 32971. Fiveacre blocks in this soughtafter street rarely come on the market. This is your chance to secure one of them and theres a lot to love about this 5acre property. The council zoning assures you will never be built out by subdivisions, maintaining a sense of privacy. Less than ten minutes to Daylesford, mineral springs at your doorstep and just around the corner from the renowned Glenlyon General Store. Beautiful soil in which almost anything can be grown was home to Glenlyon Saffron in the past. This parcel of land is flat and somewhat elevated affording you everchanging bucolic views. Watch the surrounding landscape change from lush potato fields to grazing cattle and picturesque round straw bale fields. Couple that with spectacular sunsets and it doesnt get any better. Start your new lifestyle of choice whether it be a couple of horses, a small vineyard or just enjoy the sense of space. A dependable bore and huge water tank lined and banded, ensure water security for whatever path you choose. The solid brick home offers 3 bedrooms with large builtin wardrobes, two bathrooms, an openplan kitchen, dining and lounge room. A Ned Kelly wood heater keeps this area cosy and warm through the cooler months and theres a second Ned Kelly at the other end of the house for those extra cold days. Huge windows throughout the home give you a great sense of light. Large linen cupboard in the wide hallway. The third bedroom with ensuite, second wood heater and split system air conditioner is an ideal setup for separate living for a teenage retreat, granny flat or potential holiday let. Opportunities abound. The house is securely fenced to keep children and pets safe. The open terrace at the rear is ideal for entertaining while enjoying the surrounding gardens and veggie patch. A fourcar garage with a polished concrete floor and adjoining leanto smaller shed is ready for the handyman. The property has had a new bore pump installed recently, the septic tank emptied and cleaned this year and all guttering has been replaced. An easily operated single valve allows you to change between the tank and the bore water into the house. The electric offpeak hot water system is ready to be connected to solar if you wish. Ducted vacuum cleaner inside renovated laundry. Services to the property include electricity and NBN. Private inspection by appointment is welcome. DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed."
Below are some similar properties in the area you may be interested in.
-
88.1%
-
-
-$660,000
-$45,211
1.8%
1.4%
-16.9%
6.0%
Asking Price
$1,525,000
Estimated Purchase Price
$1,410,000
Stamp Duty
$77,550
Transfer Fee
$3,405
Conveyancing
$1,196
Deposit (10%)
$141,000
Reg. Mortgage
$129
LMI Premium
$44,119
Renovation Costs
-
Total Cash/Equity Required
$267,949
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$19,167
$27,853
Interest Repayments
$83,754
$83,754
Net Cashflow Before Tax
-$64,587
-$55,901
Depreciation
-
-
Tax Offset
-$19,376
-$16,770
Net Cashflow After Tax
-$45,211
-$39,131
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$1,269,000
$1,269,000
-$468,000
$179,017
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price