$840K
$141,145
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$875,000
Medium
$850,000
Low
$825,000
Confidence
Not Applicable
Discover a unique 2.98-acre property offering a private oasis with a stunning cottage residence. The home features three spacious bedrooms, a modern kitchen, and a cozy living area with a fireplace and reverse cycle split system. Enjoy solar power with 39 panels and town water. A separate studio offers a fourth bedroom and bathroom, ideal for guests or rental income. The property includes extensive outdoor amenities like a heated pool, man cave, multiple sheds, and a vegetable garden. Located just minutes from shopping, schools, and Bendigo CBD, this property balances tranquility with convenience.
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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
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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90.9%
-
-
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Try Picki for FREE$40,000
-$37,162
-
Asking Price
$875,000
Estimated Purchase Price
$810,000
Stamp Duty
$43,670
Transfer Fee
$2,001
Conveyancing
$1,196
Deposit (10%)
$81,000
Reg. Mortgage
$129
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$151,642
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,710
$2,231
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
-$4,975
-$6,491
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$53,089
-$54,605
Depreciation
-
-
Tax Offset
-$15,927
-$16,382
Net Cashflow After Tax
-$37,162
-$38,224
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$729,000
$729,000
$178,800
$912,086