$880K
$165,001
"Gracing an expansive 3,927 sqm approx allotment, this enchanting cottage offers a lifestyle steeped in tranquillity and the allure of nature. Its versatile layout effortlessly accommodates peaceful holidays, serene weekends, or a refined retreat from urban life, where each window unveils breathtaking vistas and verdant greenery, crafting a sanctuary that feels worlds away from the everyday. Emphasising the views from the substantial rear deck, its where panoramic scenes over Hepburn Regional Park unfold, promising yearround enjoyment and a phenomenal sense of peace, complete with a pergola featuring adjustable shade and a heated spa. Inside, classic interiors exude timeless charm, with polished timber floors, leadlight windows, and a solid brick wall surrounding a woodburning fireplace, adding an idyllic ambience for cooler evenings. A wellequipped kitchen seamlessly integrates with the living area, enhancing the homes flow and leading to two generously sized bedrooms, each with private ensuite access, making them ideal for family stays. An additional independent bedroom downstairs is also complete with its own ensuite, providing a quiet retreat for guests or older children. The homes sweeping lawns and dam invites an oasis for wildlife and native birds, offering a blissful playground that inspires a slower pace of life, evoking the feeling of seclusion and utter serenity. Whether you choose to enjoy the home as is, transform it into your dream retreat, or start fresh with a new build STCA, the possibilities here are endless. Perfectly positioned just a short walk from Hepburns vibrant cafes, dining options, and shops and only minutes from the heart of Daylesford, this property, complete with offstreet parking and heatingcooling, is nestled in a soughtafter location cherished for its unique natural beauty and convenience to the regions finest attractions. We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
-
67.5%
$825K
3.2%
-$205,000
-$26,533
2.4%
1.6%
-16.1%
6.0%
Asking Price
$880,000
Estimated Purchase Price
$880,000
Stamp Duty
$47,870
Transfer Fee
$2,165
Conveyancing
$1,196
Deposit (10%)
$88,000
Reg. Mortgage
$129
LMI Premium
$25,092
Renovation Costs
-
Total Cash/Equity Required
$165,001
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$14,367
$21,022
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$37,905
-$31,250
Depreciation
-
-
Tax Offset
-$11,371
-$9,375
Net Cashflow After Tax
-$26,533
-$21,875
Assumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$792,000
$792,000
-$71,100
$511,216
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Average Population
projected
for 2024 to 2026
Average Days of Supply