$355K
$68,984
"Escape to your very own slice of rural paradise in the serene and picturesque setting of Spring Hill. This remarkable 10acre property offers an unparalleled opportunity to craft your dream lifestyle amidst nature and its serene beauty. Whether youre envisioning a cozy countryside home STCA, or a peaceful retreat, this land provides the perfect canvas for your aspirations. Located just a convenient 15minute drive from the vibrant town of Daylesford, this expansive block boasts approximately 10 acres 39,736 sqm of unspoiled natural bushland, complete with a dam and essential services available at the boundary. The tranquil surroundings invite you to create a haven of natural living, limited only by your imagination. This rare gem is set at an affordable price range, offering an exceptional chance to secure a piece of nature in close proximity to delightful country towns like Kyneton, Trentham, and Daylesford. Plus, with Melbourne just an hour away, youll enjoy the perfect blend of seclusion and accessibility. This is a great opportunity to secure your dream property in one of the most indemand regional areas in Australia. With an abundance of community facilities, shops, cafes, galleries, restaurants, and renowned for its holiday destinations and day spas. The perfect place to live An inspection will not disappoint, please contact Gary Cooke on 0409 003 356 or garycookejelliscraig.com.au or Carole Lenander on 0401 472 346 or carolelenanderjelliscraig.com.au Key Features Features include Approx 10 acres 39,736sqm Expansive natural bushland, ideal for building your dream home STCA or rural getaway A tranquil dam for a water feature nestled withing the property Power close by at the boundary. Ready for development with power available close by Just 15 minutes from Daylesford and within easy reach of Kyneton, Trentham, and an hour from Melbourne. Affordable Opportunity A rare chance to own a substantial block at an attractive price point Zoned Farming Hepburn Shire Council"
Below are some similar properties in the area you may be interested in.
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89.3%
$470K
5.3%
-$25,000
-$19,182
-
-
-28.6%
6.0%
Asking Price
$355,000
Estimated Purchase Price
$380,000
Stamp Duty
$17,870
Transfer Fee
$995
Conveyancing
$1,196
Deposit (10%)
$38,000
Reg. Mortgage
$129
LMI Premium
$8,400
Renovation Costs
-
Total Cash/Equity Required
$67,140
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$22,572
$22,572
Net Cashflow Before Tax
-$27,403
-$28,875
Depreciation
-
-
Tax Offset
-$8,221
-$8,663
Net Cashflow After Tax
-$19,182
-$20,213
Assumptions
Year 1
Year 10
Property Value
6.8%
$379,140
$685,395
Loan Balance
I.O
$342,000
$342,000
$37,140
$343,395
Did you know you need to engage a conveyancer when buying a property?
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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
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