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$890K
$187,834
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High
-
Medium
-
Low
-
Confidence
Discover three remarkable rural lifestyle lots along the Northern Highway. Just 10km from both Heathcote and Tooborac, and easily accessible to Bendigo, Echuca, and Melbourne, each allotment offers its unique features. Lot 2 covers 121.6 acres of rolling countryside with sheltering native trees, ready for hay production with three dams and three-phase power. Lot 3 spans 102 acres, features well-draining soil, three surface dams, a shearing shed, wool room, sheep yards, and power pit. Lot 4, another 102-acre corner plot, is distinguished by its native tree plantations and has four paddocks with two dams. All properties boast 6ft fencing, excellent fertiliser usage over twelve years, and potential building sites, pending council approval.
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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
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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%
84.2%
$613K
5.5%
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Try Picki for FREE-$110,000
-$45,129
-
Asking Price
$890,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$55,000
Transfer Fee
$2,446
Conveyancing
$1,196
Deposit (10%)
$100,000
Reg. Mortgage
$129
LMI Premium
$28,514
Renovation Costs
-
Total Cash/Equity Required
$187,834
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,805
$2,355
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
-$5,070
-$6,615
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$64,470
-$66,015
Depreciation
-
-
Tax Offset
-$19,341
-$19,805
Net Cashflow After Tax
-$45,129
-$46,211
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$950,520
$1,718,314
Loan Balance
I.O
$900,000
$900,000
$50,520
$818,314
