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$2.65M
$505,660
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,900,000
Medium
$2,650,000
Low
$2,400,000
Confidence
Medium
This coastal homestead in Bellarine's Exclusive Dress Circle offers breathtaking sea views across Port Phillip Bay to the You Yang Mountains. The home is set on 4 acres of elevated land, ensuring privacy and a serene atmosphere surrounded by mature trees and gardens. The modern design features an open-plan kitchen, dining area, entertaining lounge, and a separate office. Additional amenities include a mezzanine retreat for teenagers, substantial shedding with a kitchenette and soundproof room, solar power, and water storage. Conveniently located minutes from beaches and Portarlington, with easy access to Geelong and Melbourne.
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
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.
0%
82.6%
-
-
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-$73,278
2.4%
Asking Price
$2,650,000
Estimated Purchase Price
$2,650,000
Stamp Duty
$152,250
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$265,000
Reg. Mortgage
$129
LMI Premium
$82,920
Renovation Costs
-
Total Cash/Equity Required
$505,660
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,603
$2,092
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
$52,727
$75,624
Interest Repayments
$157,410
$157,410
Net Cashflow Before Tax
-$104,683
-$81,786
Depreciation
-
-
Tax Offset
-$31,405
-$24,536
Net Cashflow After Tax
-$73,278
-$57,250
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,830,200
$5,116,328
Loan Balance
I.O
$2,385,000
$2,385,000
$445,200
$2,731,328
