$919K
$154,505
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$920,000
Low
$840,000
Confidence
Medium
This delightful three-bedroom weatherboard home lies a brief 4-minute jaunt from Buninyong, 20 minutes from Ballarat, and 50 minutes from Geelong. Set on 15 acres of fertile land, it's perfect for a rural lifestyle. The house offers open-plan living, a cozy wood fire, and split-system HVAC for comfort year-round. Outdoors, you're greeted with multiple sheds, a large dam, garage, work shed, and a secure dog run. Fully fenced, with stunning hill views, it suits hobby farming or relaxed rural enjoyment.
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93.4%
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-
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Try Picki for FREE$50,000
-$24,655
2.7%
Asking Price
$940,000
Estimated Purchase Price
$870,000
Stamp Duty
$47,270
Transfer Fee
$2,142
Conveyancing
$1,196
Deposit (10%)
$87,000
Reg. Mortgage
$129
LMI Premium
$24,807
Renovation Costs
-
Total Cash/Equity Required
$163,093
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
$51,678
$51,678
Net Cashflow Before Tax
-$35,222
-$27,646
Depreciation
-
-
Tax Offset
-$10,567
-$8,294
Net Cashflow After Tax
-$24,655
-$19,352
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$783,000
$783,000
$199,560
$993,235
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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
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projected
for 2025 to 2027
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Try Picki for FREEMonthly % 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