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$590K
$123,968
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
Not Applicable
Discover the allure of this spacious 1148 sqm plot nestled in the elevated landscapes of Sandstone Rise. Directly adjoining the scenic Greater Bendigo National Park, the location offers immediate access to walking and biking trails extending from Cousins St to Trotting Terrace. Envision a sanctuary teeming with local birdlife and wildlife, yet conveniently close to the city center. This site presents a unique opportunity to construct your dream home with the tranquility of forest living combined with urban proximity.
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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 - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
0%
86.9%
$605K
3.7%
Unlock Property Investment Scores
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Try Picki for FREE-$45,000
-$31,133
-
Asking Price
$620,000
Estimated Purchase Price
$665,000
Stamp Duty
$34,970
Transfer Fee
$1,662
Conveyancing
$1,196
Deposit (10%)
$66,500
Reg. Mortgage
$129
LMI Premium
$18,962
Renovation Costs
-
Total Cash/Equity Required
$123,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,975
-$6,491
Interest Repayments
$39,501
$39,501
Net Cashflow Before Tax
-$44,476
-$45,992
Depreciation
-
-
Tax Offset
-$13,343
-$13,798
Net Cashflow After Tax
-$31,133
-$32,195
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$598,500
$598,500
$63,660
$598,528
