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$669K
$141,145
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This charming home occupies approximately 736m2 and features a renovated interior with a remote four-car garage, engineered timber floorboards, and a variety of modern updates including new windows and doors. The living room opens into a functional dining-kitchen area equipped with stainless steel appliances and a built-in pantry. With three bedrooms, an updated bathroom, and a spacious outdoor entertaining area, this property is ideal for families. Its strategic location provides easy access to schools, shops, parks, public transport, and major attractions in Geelong and the Bellarine Peninsula.
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Try Picki for FREELocation, 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
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 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
Below are some similar properties in the area you may be interested in.
1.6%
76.3%
$575K
4.5%
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Try Picki for FREE-$105,000
-$19,682
3.1%
Asking Price
$670,000
Estimated Purchase Price
$755,000
Stamp Duty
$40,370
Transfer Fee
$1,872
Conveyancing
$1,196
Deposit (10%)
$75,500
Reg. Mortgage
$129
LMI Premium
$21,528
Renovation Costs
-
Total Cash/Equity Required
$141,145
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
$1,603
$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
$16,730
$24,389
Interest Repayments
$44,847
$44,847
Net Cashflow Before Tax
-$28,117
-$20,458
Depreciation
-
-
Tax Offset
-$8,435
-$6,137
Net Cashflow After Tax
-$19,682
-$14,320
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$679,500
$679,500
$14,700
$575,448
