$995K
$167,864
"Welcome to your slice of history nestled among the picturesque landscapes of Glenlyons prosperous farmland. This quaint threebedroom home is a true gem, boasting character and endless possibilities. The home features an openplan kitchen, dining, and living space with a traditional bakers oven, stainless steel benches, and a second freestanding 600mm gas oven and cooktop. Stay warm and toasty during chilly nights with the iconic Ned Kelly wood fire, complemented by a heat transfer system ensuring warmth spreads throughout the home. The three bedrooms feature stunning ornate ceilings, while the main family bathroom comes complete with a bath, shower, toilet, and vanity. Embrace the charm and practicality of heritage shedding and barns, including a fourbay machinery shed and an additional lined shed that has power, offering ample storage space or the potential for creative ventures and hobbies. Enjoy the luxury of pristine bore water, tested and proven to be of the highest quality, ideal for nurturing a lush garden oasis or exploring entrepreneurial opportunities like a nursery. Utilise the tranquillity of approximately 2.53 acres of rich soil, including fruit trees and endless opportunities for outdoor activities. This home offers a serene retreat from the hustle and bustle of city life while still being conveniently located on an easily accessible corner allotment. Expressions of interest in writing by 11th April, contact Brayden for further details or to arrange your inspection."
-
56.2%
-
-
-$130,000
-$26,517
2.5%
1.8%
-15.4%
6.0%
Asking Price
$995,000
Estimated Purchase Price
$920,000
Stamp Duty
$50,270
Transfer Fee
$2,259
Conveyancing
$1,196
Deposit (10%)
$92,000
Reg. Mortgage
$129
LMI Premium
$26,233
Renovation Costs
-
Total Cash/Equity Required
$172,636
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,767
$24,438
Interest Repayments
$54,648
$54,648
Net Cashflow Before Tax
-$37,881
-$30,210
Depreciation
-
-
Tax Offset
-$11,364
-$9,063
Net Cashflow After Tax
-$26,517
-$21,147
Assumptions
Year 1
Year 10
Property Value
6.8%
$843,720
$1,525,245
Loan Balance
I.O
$828,000
$828,000
$15,720
$697,245
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewBelow are some similar properties in the area you may be interested in.
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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price