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$220K
$32,935
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Try Picki for FREEConfidence
High
High
$280,000
Medium
$250,000
Low
$220,000
Confidence
Medium
Discover an extraordinary prospecting retreat in the heart of the Victorian Goldfields. Just over two hours from Melbourne and close to the communities of Bealiba and Dunolly, this 9-acre property offers a rustic shed with multiple rooms. It's equipped with water tanks, vegetable gardens, and a range of sheds, ideal for self-sufficient living. The property is fully fenced with a scenic dam, perfect for a rural lifestyle. Power and telephone services are available, though power reconnection is necessary. Subject to council approval, you can build your dream home here. Seize the opportunity to create your own Goldfield sanctuary.
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89%
$80K
22.8%
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Try Picki for FREE-$10,000
-$5,690
5.0%
Asking Price
$275,000
Estimated Purchase Price
$260,000
Stamp Duty
$10,670
Transfer Fee
$714
Conveyancing
$1,196
Deposit (10%)
$26,000
Reg. Mortgage
$129
LMI Premium
$4,443
Renovation Costs
-
Total Cash/Equity Required
$43,701
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$7,315
$10,967
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$8,129
-$4,477
Depreciation
-
-
Tax Offset
-$2,439
-$1,343
Net Cashflow After Tax
-$5,690
-$3,134
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$267,000
$482,672
Loan Balance
I.O
$234,000
$234,000
$33,000
$248,672
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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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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
