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$870K
$142,099
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Try Picki for FREEConfidence
High
High
$920,000
Medium
$870,000
Low
$820,000
Confidence
Medium
Seize the chance to own a versatile property perfect for living and running a home-based business. This property is ideal for mechanics, panel beaters, car enthusiasts, or those needing ample storage. The home offers three bedrooms, a family bathroom, and multiple living spaces, including a large kitchen with modern amenities. Outdoor entertaining is a breeze with a massive undercover area, a built-in BBQ bar, and an outdoor shower. A massive shed, equipped with office and bathroom, supports work-from-home opportunities with 3-phase power and multiple sections for varied needs. Conveniently located near Bendigo CBD and the airport.
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0%
79.1%
$805K
3.2%
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Try Picki for FREE$65,000
-$21,836
2.9%
Asking Price
$870,000
Estimated Purchase Price
$805,000
Stamp Duty
$43,370
Transfer Fee
$1,989
Conveyancing
$1,196
Deposit (10%)
$80,500
Reg. Mortgage
$129
LMI Premium
$22,954
Renovation Costs
-
Total Cash/Equity Required
$150,687
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
$47,817
$47,817
Net Cashflow Before Tax
-$31,194
-$23,567
Depreciation
-
-
Tax Offset
-$9,358
-$7,070
Net Cashflow After Tax
-$21,836
-$16,497
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$724,500
$724,500
$204,660
$955,200
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
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
