$880K
$165,001
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Try Picki for FREEConfidence
High
High
$930,000
Medium
$880,000
Low
$830,000
Confidence
Medium
This enchanting cottage, set on a sprawling 3,927 sqm allotment, offers peaceful living amidst stunning nature. It boasts panoramic views over Hepburn Regional Park from a large rear deck with a heated spa and shade-adjustable pergola. Classic interiors feature polished timber floors, leadlight windows, and a wood-burning fireplace. The well-equipped kitchen blends effortlessly into the living area, with two spacious bedrooms offering private ensuites. A separate downstairs bedroom also includes an ensuite, providing guest privacy. The property features expansive lawns and a dam, attracting native birds and wildlife. Located near vibrant cafes and shops, and just minutes from Daylesford, this home offers endless possibilities for transformation or enjoyment as is, with off-street parking and heating/cooling included.
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67.5%
$1.04M
2.5%
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-$17,126
4.0%
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
$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
$52,272
$52,272
Net Cashflow Before Tax
-$24,466
-$12,122
Depreciation
-
-
Tax Offset
-$7,340
-$3,637
Net Cashflow After Tax
-$17,126
-$8,486
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$939,840
$1,699,007
Loan Balance
I.O
$792,000
$792,000
$147,840
$907,007
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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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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