$280K
$44,598
"Discover an extraordinary allotment at 34 Mccombs Road, Lockwood, VICan unparalleled opportunity to craft your dream home. This 3,809m nearly 1 acre block boasts a serene bushland setting and convenient sealed road frontage. Key features include Approved planning permit, ready for your dream home Available power and telecom connections not yet connected Peaceful, rural living with modern conveniences This tranquil location is just 10 minutes from schools, shops, supermarkets, and public transport. Enjoy easy access to the Calder Highway, providing a direct route to Melbourne. Realise your dream home on this unique parcel of land. Enquire now and make your vision a reality."
Below are some similar properties in the area you may be interested in.
-
85.5%
$997K
2.2%
-$270,000
+
11.6%
8.8%
12.0%
6.0%
Asking Price
$280,000
Estimated Purchase Price
$270,000
Stamp Duty
$11,270
Transfer Fee
$738
Conveyancing
$1,196
Deposit (10%)
$27,000
Reg. Mortgage
$129
LMI Premium
$4,613
Renovation Costs
-
Total Cash/Equity Required
$45,495
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,710
$2,231
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
$23,823
$34,497
Interest Repayments
$16,038
$16,038
Net Cashflow Before Tax
$7,785
$18,459
Depreciation
-
-
Tax Offset
$2,335
$5,538
Net Cashflow After Tax
$5,449
$12,921
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$243,000
$243,000
-$243,000
-$243,000
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
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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