$700K
$144,008
"The phone enquiry code for this property is 6196 The perfect property for your easy treechange. 3 bedrooms, 2 bathrooms fully renovated on about 3 acres. Your own mini orchard including over 35 fruit, nut, and olive trees along with plenty of garden beds. Completely custom kitchen renovation including new Bosch appliances 5 burner induction cooktop, double oven, pull out range hood, and never used dishwasher. Lots of bench space, soft close doors and drawers, and many other thought out features. 2 fully renovated bathrooms with floor to ceiling tiles, marble countertops, heat lights, and rain showerheads. Keep your utility bills low with full solar, garden rainwater tanks, updated hot water heater, and fireplace. The work has been done for you. A peaceful oasis with fantastic local schools and conveniences. Also have full access to Ballarat, Daylesford, Creswick, Talbot, and Maryborough in around 30 minutes or less. Subdivision potential gives extra options for this property.."
Below are some similar properties in the area you may be interested in.
2.3%
82.9%
-
-
-$220,000
-$21,943
2.9%
2.1%
-14.5%
6.0%
Asking Price
$735,000
Estimated Purchase Price
$810,000
Stamp Duty
$43,670
Transfer Fee
$2,001
Conveyancing
$1,196
Deposit (10%)
$81,000
Reg. Mortgage
$129
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$151,642
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
$48,114
$48,114
Net Cashflow Before Tax
-$31,347
-$23,676
Depreciation
-
-
Tax Offset
-$9,404
-$7,103
Net Cashflow After Tax
-$21,943
-$16,573
Assumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$729,000
$729,000
-$98,880
$410,107
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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 Days of Supply
Sold Price
Asking Price