$940K
$194,339
"Located just 4 minutes to Buninyong, 20 minutes from Ballarat and 50 minutes from Geelong, this charming threebedroom weatherboard home is set on approximately 15 acres of fertile land. Perfect for those seeking a rural lifestyle, the home boasts three spacious bedrooms, two with builtin robes, and an updated central bathroom featuring a large shower and a separate toilet. The heart of the home is the openplan living and dining area, complete with a wood fire for cozy winters and splitsystem heating and cooling for yearround comfort. The kitchen offers ample cupboard space, an electric oven, and a cooktop, making it functional and inviting. Outside, there is multiple machinery sheds, secure fencing, large yabbie stocked dam and twocar garage and an attached work shed provide ample storage and space for farm equipment or hobbies. There is also a new secure dog run with shelter that is a must see. The property is fully fenced and enjoys stunning views over the rolling hills, making it an ideal space for a hobby farm, animals, or simply enjoying nature. This moveinready home combines modern comforts with rural living and offers endless potential for the right buyer. Contact Jay at 0430 200 663 for more details."
Below are some similar properties in the area you may be interested in.
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93.4%
-
-
$65,000
-$30,476
2.3%
1.6%
-16.1%
6.0%
Asking Price
$940,000
Estimated Purchase Price
$1,010,000
Stamp Duty
$55,550
Transfer Fee
$2,469
Conveyancing
$1,196
Deposit (10%)
$101,000
Reg. Mortgage
$129
LMI Premium
$28,799
Renovation Costs
-
Total Cash/Equity Required
$189,693
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$59,994
$59,994
Net Cashflow Before Tax
-$43,538
-$35,962
Depreciation
-
-
Tax Offset
-$13,061
-$10,789
Net Cashflow After Tax
-$30,476
-$25,174
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,148,100
$2,075,492
Loan Balance
I.O
$909,000
$909,000
$239,100
$1,166,492
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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