$1.4M
$239,654
"Country living with Holcombe Hill views and 2.4 hectares 5.9 acres approx. of pristine land await in soughtafter Glenlyon, where youre minutes from Daylesford yet immersed in splendid seclusion. Theres timeless charm and contemporary essentials in the singlelevel home, with openplan living, dining and kitchen spaces, three bedrooms, and a freestanding studyretreat including electricity connection, reverse cycle heatingcooling and phone connections. With Kangaroo Creek frontage and pristine river flat land, this property is a nature lovers paradise. Surrounded by lowmaintenance native plantings, this is a dream find for escaping city life, sitting on the undercover deck, and taking in the serenity. The prized northfacing orientation enhances the home, and theres country character with brush box timber floors, timberlined ceilings, and a solid Tasmanian Huon pine kitchen. Functionality meets quality in the updated interior, where the main bedroom ensuite has a rain shower, twin basins and adjacent walkin wardrobe, and the family bathroom features floor to ceiling lead light windows from the Daylesford Covent Gallery and freestanding spa bath. Winter warmth is easy with hydronic heating and a freestanding wood fireplace, theres infloor heating in the ensuite and mudroom, and the allelectric kitchen has a spacious pantry and island breakfast bar. Appreciate the indooroutdoor design, where the living zone opens onto a fancooled deck. Its got plenty of space for barbecuing under cover, room to set up sun lounges and a dining area, and a thriving camellia adding greenery. Its an idyllic spot for gazing out across this Land for Wildlife property, owned by the one family for the past 20 years. All the outdoor essentials are here, with a fully fenced house yard, a circular driveway that takes you to the twocar carport, raised vegetable beds, fully installed certified underground fire bunker, wiredin generator, water tanks, bore water pump, and plenty of garden shedding. Energy efficient features include, as new 6.66kW solar system, solar hot water, extension includes double glazed windows and doors, reverse cycle heating and cooling systems in both the open plan living space and study retreat. Torpys Lane is five minutes from a coffee or catching up with the locals at Glenlyon General Store, a 10minute drive to Daylesford, and you can be in Melbournes CBD in 90 minutes. We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
-
89.1%
$1.6M
1.3%
-$630,000
-$39,340
2.4%
1.9%
-14.9%
6.0%
Asking Price
$1,500,000
Estimated Purchase Price
$1,390,000
Stamp Duty
$76,450
Transfer Fee
$3,358
Conveyancing
$1,196
Deposit (10%)
$139,000
Reg. Mortgage
$129
LMI Premium
$43,494
Renovation Costs
-
Total Cash/Equity Required
$264,176
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,366
$38,100
Interest Repayments
$82,566
$82,566
Net Cashflow Before Tax
-$56,200
-$44,466
Depreciation
-
-
Tax Offset
-$16,860
-$13,340
Net Cashflow After Tax
-$39,340
-$31,126
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$1,251,000
$1,251,000
-$439,320
$216,324
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