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$420K
$65,295
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Try Picki for FREEConfidence
High
High
$590,000
Medium
$520,000
Low
$450,000
Confidence
Medium
57 Strickland Road, East Bendigo blends midcentury charm with modern convenience. This weatherboard home, situated minutes from the CBD, offers quick access to both urban amenities and scenic spots like Lake Weeroona. Inside, the property boasts split systems in two bedrooms, ceiling fans throughout, a gas heater, and an air conditioner in the lounge, supported by recent electrical and plumbing upgrades. A spacious, level block presents development potential, with Residential Density Management Areas removed for subdivision possibilities (STCA). Additional features include a large shed with workshop space and established garden. Currently tenanted, this home stands as a promising investment or first-home buy.
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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.
2.4%
52.4%
$475K
233.3%
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Try Picki for FREE$85,000
-$6,451
5.4%
Asking Price
$495,000
Estimated Purchase Price
$435,000
Stamp Duty
$21,170
Transfer Fee
$1,124
Conveyancing
$1,196
Deposit (10%)
$43,500
Reg. Mortgage
$129
LMI Premium
$9,616
Renovation Costs
-
Total Cash/Equity Required
$77,284
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
$1,710
$2,231
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
$16,623
$24,250
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$9,216
-$1,589
Depreciation
-
-
Tax Offset
-$2,765
-$477
Net Cashflow After Tax
-$6,451
-$1,112
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$391,500
$391,500
$163,860
$612,459
