$820K
$153,550
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$750,000
Confidence
Medium
Escape to your slice of paradise with this charming home that marries rural tranquility and modern convenience. Perfectly positioned near Daylesford Primary School and Lake Daylesford, enjoy cozy evenings by the open fireplace or entertaining guests in the expansive kitchen-living area. With three comfortable bedrooms, including a warm electric-heated primary room, this house caters to family needs. Appreciate the rustic touch of a Ned Kelly wood heater, well-appointed bathroom, and functional laundry. Outdoor enthusiasts will love the verdant orchard, greenhouse, and ample storage facilities, while the semi-complete mud brick studio with its unique spiral staircase offers aspiring artists or hosts a creative retreat. Nestled on productive land with a rural living vibe, this property epitomizes the countryside's allure while keeping life's necessities within easy reach. Act fast to secure this rare gem!
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85.2%
$615K
3.3%
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-$22,359
2.9%
Asking Price
$820,000
Estimated Purchase Price
$820,000
Stamp Duty
$44,270
Transfer Fee
$2,025
Conveyancing
$1,196
Deposit (10%)
$82,000
Reg. Mortgage
$129
LMI Premium
$23,381
Renovation Costs
-
Total Cash/Equity Required
$153,550
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
$48,708
$48,708
Net Cashflow Before Tax
-$31,941
-$24,270
Depreciation
-
-
Tax Offset
-$9,582
-$7,281
Net Cashflow After Tax
-$22,359
-$16,989
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$738,000
$738,000
$137,760
$845,166
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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