$370K
$55,363
"Positioned in the centre of Glenlyon this 2071m2 approx. block could be perfect for you to build your dream home STCA. Located within 5 minutes walking distance to the Glenlyon General Store and close to the Glenlyon Recreation Reserve, this property provides an enviable rural lifestyle with the benefit of the regions best attractions on your doorstep. Including some of Victorias best produce, together with a host of local outdoor attractions, this central location could be the perfect site for your country lifestyle. Please contact Gary Cooke on 0409 003 356 or garycookejelliscraig.com.au Features for this fantastic flat block of land include Local services available Mature Trees Bore Rich volcanic soil Zoned Township Hepburn Shire Council. Easy walk to the Glenlyon Store, Reserve and Hall 10 min drive to Daylesford and 20 min to Kyneton Rare opportunity to purchase in the village of Glenlyon Land size 2,071sqm approx."
Below are some similar properties in the area you may be interested in.
-
88.1%
-
-
$455,000
-$2,400
6.9%
4.9%
-4.0%
6.0%
Asking Price
$370,000
Estimated Purchase Price
$340,000
Stamp Duty
$15,470
Transfer Fee
$901
Conveyancing
$1,196
Deposit (10%)
$34,000
Reg. Mortgage
$129
LMI Premium
$7,516
Renovation Costs
-
Total Cash/Equity Required
$59,762
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
$20,196
$20,196
Net Cashflow Before Tax
-$3,429
$4,242
Depreciation
-
-
Tax Offset
-$1,029
$1,272
Net Cashflow After Tax
-$2,400
$2,969
Assumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$306,000
$306,000
$543,060
$1,228,898
Did you know you need to engage a conveyancer when buying a property?
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price