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$345K
$50,878
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High
-
Medium
-
Low
-
Confidence
Discover a serene paradise in Durham Lead with this beautiful nearly 10-acre property, surrounded by stunning old-growth forest. With a Planning Permit in place, it's ready for building. Enjoy dual road access, breathtaking westerly views, and a natural clearing perfect for your dream home. A haven for wildlife, it features koalas, echidnas, tawny frogmouths, and a variety of flora. Located just 10 minutes from Buninyong and 20 minutes from Ballarat, this unique property offers tranquility and a deep connection with nature.
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94.2%
$1.02M
3.8%
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Try Picki for FREE$25,000
-$16,878
-
Asking Price
$345,000
Estimated Purchase Price
$320,000
Stamp Duty
$14,270
Transfer Fee
$855
Conveyancing
$1,196
Deposit (10%)
$32,000
Reg. Mortgage
$129
LMI Premium
$5,468
Renovation Costs
-
Total Cash/Equity Required
$54,467
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,104
-$6,660
Interest Repayments
$19,008
$19,008
Net Cashflow Before Tax
-$24,112
-$25,668
Depreciation
-
-
Tax Offset
-$7,234
-$7,700
Net Cashflow After Tax
-$16,878
-$17,967
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Year 1
Year 10
Property Value
6.8%
$368,460
$666,088
Loan Balance
I.O
$288,000
$288,000
$80,460
$378,088
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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...
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projected
for 2025 to 2027
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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
