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$795K
$167,864
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Try Picki for FREEConfidence
High
High
$840,000
Medium
$785,000
Low
$730,000
Confidence
Medium
Welcome to 24 Hairs Lane, Benalla—a remarkable property boasting lush greenery and plenty of space on over 1 acre of land. Perfectly situated minutes from local schools, Lake Benalla, and the CBD, this home is both conveniently located and serene. Step inside the open-plan living area, featuring an expansive lounge with imitation gas log fire, ceiling fan, and plenty of natural light. The modern kitchen, equipped with a dishwasher and walk-in pantry, seamlessly integrates with the living space. Each of the two bedrooms on the left side includes built-in or walk-in robes and ensuite bathrooms, while an additional bedroom is located at the rear. The property also offers a variety of sheds, a solar system, water tanks, and modern amenities like broadband internet and ducted gas heating.
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95.2%
$900K
2.9%
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Try Picki for FREE-$110,000
-$25,676
2.6%
Asking Price
$795,000
Estimated Purchase Price
$895,000
Stamp Duty
$48,770
Transfer Fee
$2,200
Conveyancing
$1,196
Deposit (10%)
$89,500
Reg. Mortgage
$129
LMI Premium
$25,520
Renovation Costs
-
Total Cash/Equity Required
$167,864
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
$1,850
$2,414
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
$16,483
$24,067
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$36,680
-$29,096
Depreciation
-
-
Tax Offset
-$11,004
-$8,729
Net Cashflow After Tax
-$25,676
-$20,367
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$805,500
$805,500
$32,880
$710,092
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
