$475K
$73,595
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$485,000
Low
$430,000
Confidence
Medium
Discover your dream opportunity on this 4090Sqm approx block in a prime east-facing location. Fully secure with fencing, this potential home site offers privacy with established boundary windbreaks. Relish the convenience of potable bore water and mains power. The property boasts an amazing food garden, featuring fruit and nut trees like apples, pears, and plums, plus a versatile lemon-orange tree. A spacious veggie garden awaits your summer crop. Positioned as a short getaway from Daylesford and within an hour's drive to Ballarat, Melbourne, and Bendigo, with Castlemaine and Kyneton even closer. Harvest nature and convenience together.
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92.1%
$453K
5.5%
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Try Picki for FREE$35,000
-$9,326
4.4%
Asking Price
$485,000
Estimated Purchase Price
$450,000
Stamp Duty
$22,070
Transfer Fee
$1,159
Conveyancing
$1,196
Deposit (10%)
$45,000
Reg. Mortgage
$129
LMI Premium
$9,948
Renovation Costs
-
Total Cash/Equity Required
$80,051
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
$1,566
$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
$13,407
$19,656
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$13,323
-$7,074
Depreciation
-
-
Tax Offset
-$3,997
-$2,122
Net Cashflow After Tax
-$9,326
-$4,952
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$517,980
$936,385
Loan Balance
I.O
$405,000
$405,000
$112,980
$531,385
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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
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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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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