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$600K
$123,014
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$680,000
Low
$660,000
Confidence
Medium
Discover over 24 acres of tranquility along Kolle Lane in Myers Flat. Just a short 20-minute drive to Bendigo CBD, this secluded property combines charm and convenience. The cream weatherboard home with its stunning stained glass entrance and elegant interiors offers a cozy atmosphere. Enjoy the warmth of the LPG wood heater in the lounge, and the practicality of a well-equipped kitchen. Benefit from sustainable features like solar panels and extensive water storage. With a 4-car garage, additional sheds, and the allure of two dams, this property is ripe for personalization and endless possibilities.
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Location, 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 - 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
0%
87.4%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$75,000
-$19,757
3.1%
Asking Price
$700,000
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
$1,710
$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
$44,847
$44,847
Net Cashflow Before Tax
-$28,224
-$20,597
Depreciation
-
-
Tax Offset
-$8,467
-$6,179
Net Cashflow After Tax
-$19,757
-$14,418
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$679,500
$679,500
$46,740
$633,369
