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$1.55M
$311,007
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Try Picki for FREEConfidence
High
High
$1,650,000
Medium
$1,500,000
Low
$1,350,000
Confidence
Medium
This stunning Bluestone block home is a gem in Regional Victoria, situated on a flat 10-acre lot surrounded by serene farmland. Offering a spacious four-bedroom, two-bathroom layout, it features two living areas, a pool room, and a kitchen-dining area with cedar accents and tiled floors. Ideal for families or retirees, it boasts a large 9x12 meter powered shed, additional sheds, and ample carport space, ensuring ample storage and utility options. The property promises a tranquil country lifestyle without close neighbors. Don't miss this rare opportunity to own such a quality estate.
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89.1%
$149K
16.1%
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Try Picki for FREE-$140,000
-$44,592
2.5%
Asking Price
$1,550,000
Estimated Purchase Price
$1,640,000
Stamp Duty
$90,200
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$164,000
Reg. Mortgage
$129
LMI Premium
$51,316
Renovation Costs
-
Total Cash/Equity Required
$311,007
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,419
$1,851
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
$33,713
$48,539
Interest Repayments
$97,416
$97,416
Net Cashflow Before Tax
-$63,703
-$48,877
Depreciation
-
-
Tax Offset
-$19,111
-$14,663
Net Cashflow After Tax
-$44,592
-$34,214
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,476,000
$1,476,000
$126,000
$1,420,035
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
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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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
