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$485K
$95,728
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Medium
Nestled in Victoria's goldfields, this 46-acre property blends tranquility with possibility. Featuring a steel-framed two-bedroom home with open-plan living, the residence maximizes natural light and comfort with a split system and wood burner. Outdoors, enjoy multiple decks with expansive views. The property is equipped with water tanks, bottled gas, and solar power for efficiency. Additional features include a converted shed with a kitchenette and bathroom, ideal for extra space, and the land is suited for horses with multiple dams and fenced sections. Located in the friendly Dunolly community, key regional towns and Melbourne CBD are within short drive times.
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93.7%
-
-
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Try Picki for FREE-$70,000
-$15,044
3.4%
Asking Price
$548,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,419
$1,851
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
$13,554
$19,847
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$21,492
-$15,199
Depreciation
-
-
Tax Offset
-$6,447
-$4,560
Net Cashflow After Tax
-$15,044
-$10,639
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$531,000
$531,000
$24,360
$472,959
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
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
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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