$585K
$113,471
"If you have been looking to build your dream home, look no further. This stunning 20 acre block in Rocklyn is situated only 12 minutes from Daylesford and 20 minutes from Ballarat. With a current planning permit for a 4 bedroom, 3 bathroom home with garage all of the hard work has been done for you, including the land management plan and the northern orientation of the home on the land to maximise passive solar living. The landscape is beautiful, with the house positioned to capture views of the surrounding landscape from every window. Fully fenced with a spring fed dam, a picturesque old shed and bordered by a seasonal creek, the land is lush and stunning to watch as the seasons change. Walk the land and envision your dream home, this lifestyle opportunity needs to be seen in person to fully appreciate its appeal. Please note that the drawings are an artist impression."
Below are some similar properties in the area you may be interested in.
-
84.7%
-
-
$580,000
+
39.0%
35.2%
110.1%
6.0%
Asking Price
$585,000
Estimated Purchase Price
$600,000
Stamp Duty
$31,070
Transfer Fee
$1,510
Conveyancing
$1,196
Deposit (10%)
$60,000
Reg. Mortgage
$129
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$111,562
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$234,000
$333,055
Property Management
+7.7% PA
$18,018
$25,645
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
$211,151
$301,106
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
$175,511
$265,466
Depreciation
-
-
Tax Offset
$52,653
$79,640
Net Cashflow After Tax
$122,858
$185,826
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,260,240
$2,278,214
Loan Balance
I.O
$540,000
$540,000
$720,240
$1,738,214
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
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