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$503K
$78,206
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$480,000
Low
$420,000
Confidence
Medium
Discover a rare opportunity with this captivating bushland block near Buninyong Village. Just 10 minutes away from the village center and 80km from Geelong, this expansive 14.16-hectare (35-acre) property offers a unique canvas for your dream home. Set on two titles, it allows for multiple building options subject to council approval. A full-length gravel driveway provides convenient access, making it a promising choice for those looking to create a bespoke living environment amid nature's beauty. Offers are invited for this once-in-a-lifetime chance to bring your vision to life.
Trusted by over 13k property buyers and counting...
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94.2%
$1.02M
3.8%
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Try Picki for FREE$35,000
-$8,637
4.7%
Asking Price
$480,000
Estimated Purchase Price
$445,000
Stamp Duty
$21,770
Transfer Fee
$1,147
Conveyancing
$1,196
Deposit (10%)
$44,500
Reg. Mortgage
$129
LMI Premium
$9,837
Renovation Costs
-
Total Cash/Equity Required
$79,129
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,839
$2,399
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
$14,094
$20,666
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$12,339
-$5,767
Depreciation
-
-
Tax Offset
-$3,702
-$1,730
Net Cashflow After Tax
-$8,637
-$4,037
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$400,500
$400,500
$112,140
$526,231
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 22.0%
Construction - 11.0%
Retail Trade - 8.0%
Education and Training - 8.0%
Others - 51.0%
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
