$1.05M
$197,127
"Enter a treasured period wonderland where traditional charisma has been carefully retained and restored to deliver every contemporary comfort in a prized garden setting. Beautifully reimagined interiors within this c1880 Victorian residence feature pressed metal ceilings, timber wainscoting and refined timber floors, creating synergy and flow. Inspired by idyllic surrounds, neutral tones are matched with a monochromatic palette to create relaxing, stylish spaces that are both functional and aesthetically beautiful. Filled with natural light, the living room comes with a cosy gas log heater, perfect for relaxing evenings, while a country style kitchen offers plenty of space for dining, ideal for entertaining. A freestanding Delonghi oven and a Ned Kelly wood fireplace are a few of the features on offer, while modern updates include designer light fittings, plantation shutters and heating and cooling. A luxurious vintageinspired main bedroom comes with a chic ensuite, and two additional bedrooms share a luxurious main bathroom with a freestanding bath and walkin shower. Includes Euro laundry. Outside, an easily maintained garden is framed by a mature oak tree and ornamental pears lining the back fence, establishing a peaceful outdoor retreat. Fully enclosed, the garden presents plenty of opportunity for additional landscaping as desired, making the most of its alfresco potential and significant land size measuring 604 sqm approx.. Imagine the lifestyle possible with Hepburn Springs mineral springs, spas, cafes and restaurants an easy stroll away, take a short drive to Daylesford or the surrounding wineries and make the most of a lifestyle that balances privacy with modern living making for an ideal permanent residence, weekend retreat, or shortterm rental."
Below are some similar properties in the area you may be interested in.
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67.5%
$825K
3.2%
-
-$25,203
3.2%
2.5%
-12.8%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,050,000
Stamp Duty
$57,750
Transfer Fee
$2,563
Conveyancing
$1,196
Deposit (10%)
$105,000
Reg. Mortgage
$129
LMI Premium
$29,939
Renovation Costs
-
Total Cash/Equity Required
$197,127
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,366
$38,100
Interest Repayments
$62,370
$62,370
Net Cashflow Before Tax
-$36,004
-$24,270
Depreciation
-
-
Tax Offset
-$10,801
-$7,281
Net Cashflow After Tax
-$25,203
-$16,989
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$945,000
$945,000
$176,400
$1,082,224
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