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$395K
$62,528
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Try Picki for FREEConfidence
Medium
High
$420,000
Medium
$380,000
Low
$340,000
Confidence
Low
Located in the scenic Strathbogie tablelands, this charming home offers the perfect blend of old-world charm and modern convenience. Set on a 737m2 town allotment, the property is in close proximity to the local amenities—café, general store, primary school, and a notable 18-hole golf course. The home features 3 bedrooms, a formal lounge, an open-plan kitchen with modern appliances, and comforts like a wood heater and split system. Outdoor features include a verandah with new decking, a single carport, and a spacious shed with power. Ideal for owner-occupiers or as an investment for Airbnb or permanent rental, this property comes with updated electricals and is connected to essential utilities like rainwater and town water. The property also offers direct access to Seven Creeks walking track, making it an ideal retreat 2 hours from Melbourne.
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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
Below are some similar properties in the area you may be interested in.
0%
87.8%
-
-
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Try Picki for FREE$15,000
-$7,203
5.0%
Asking Price
$395,000
Estimated Purchase Price
$365,000
Stamp Duty
$16,970
Transfer Fee
$960
Conveyancing
$1,196
Deposit (10%)
$36,500
Reg. Mortgage
$129
LMI Premium
$8,069
Renovation Costs
-
Total Cash/Equity Required
$64,373
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$2,142
$2,795
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
$11,392
$16,855
Interest Repayments
$21,681
$21,681
Net Cashflow Before Tax
-$10,289
-$4,826
Depreciation
-
-
Tax Offset
-$3,087
-$1,448
Net Cashflow After Tax
-$7,203
-$3,378
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$328,500
$328,500
$77,340
$405,162
