$345K
$50,878
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$360,000
Medium
$320,000
Low
$280,000
Confidence
Low
Discover your personal haven in Spring Hill, where 10 acres of untouched bushland await your vision. This serene plot offers a rare blend of seclusion and accessibility, just a short 15-minute drive from Daylesford. Whether you dream of a cozy countryside home or a peaceful retreat, this property presents an ideal canvas. With essential services at the boundary, including power, and its scenic setting offering proximity to vibrant country towns and an hour from Melbourne, this rural gem in a high-demand area provides an exceptional opportunity at an affordable price.
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89.3%
$470K
5.3%
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Try Picki for FREE$10,000
-$7,872
4.2%
Asking Price
$355,000
Estimated Purchase Price
$310,000
Stamp Duty
$13,670
Transfer Fee
$831
Conveyancing
$1,196
Deposit (10%)
$31,000
Reg. Mortgage
$129
LMI Premium
$5,297
Renovation Costs
-
Total Cash/Equity Required
$52,672
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$7,168
$10,775
Interest Repayments
$18,414
$18,414
Net Cashflow Before Tax
-$11,246
-$7,639
Depreciation
-
-
Tax Offset
-$3,374
-$2,292
Net Cashflow After Tax
-$7,872
-$5,347
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$279,000
$279,000
$62,760
$338,821
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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
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