$760K
$142,099
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Try Picki for FREEConfidence
High
High
$860,000
Medium
$820,000
Low
$780,000
Confidence
Medium
54 Main Road in Hepburn Springs combines stunning design with a fantastic location. This mid-century modern property, renovated by a top architect and builder, is perfect as a luxury getaway, smart investment, or a forever home. The property comes with an approved planning permit for two additional townhouses, offering investment potential. Inside, it oozes charm with timber walls, pine floors, and large windows overlooking tranquil gardens. A heat-cooling system and faux log fire ensure comfort. The open-plan living area connects to a deck with great views, and the stylish kitchen boasts high-quality appliances. Three bedrooms include a master suite with a hidden ensuite. The fenced 330sqm lot offers privacy without high maintenance. Just an hour and a half from Melbourne, it’s a short walk to local attractions like The Palais and Hepburn Bathhouse. The property promises a serene lifestyle and excellent rental potential.
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71%
$893K
3.1%
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Try Picki for FREE-$30,000
-$15,879
4.2%
Asking Price
$850,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+7.7% PA
$2,723
$3,875
Rates
+3.0% PA
$1,566
$2,043
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
$27,806
$40,150
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$22,684
-$10,340
Depreciation
-
-
Tax Offset
-$6,805
-$3,102
Net Cashflow After Tax
-$15,879
-$7,238
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$765,000
$765,000
$110,760
$818,166
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
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
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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
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