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$570K
$89,273
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
This modern, fully furnished 3-bedroom home is located in a quiet court minutes from Bendigo's center and near Lake Weeroona. Featuring a light-filled, spacious open-plan kitchen, living, and dining area, the property includes a main bedroom with ensuite and walk-in robe, quality fittings, ducted heating, and evaporative cooling. A double garage with direct access, landscaped low-maintenance yard, and large alfresco area enhance its appeal. Currently, it returns $565 per week from a quality tenant, offering great investment potential or the option for vacant possession.
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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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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
Below are some similar properties in the area you may be interested in.
2.4%
52.4%
$475K
233.3%
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Try Picki for FREE$65,000
-$10,785
4.2%
Asking Price
$590,000
Estimated Purchase Price
$515,000
Stamp Duty
$25,970
Transfer Fee
$1,311
Conveyancing
$1,196
Deposit (10%)
$51,500
Reg. Mortgage
$129
LMI Premium
$11,385
Renovation Costs
-
Total Cash/Equity Required
$92,040
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,183
$22,200
Interest Repayments
$30,591
$30,591
Net Cashflow Before Tax
-$15,408
-$8,391
Depreciation
-
-
Tax Offset
-$4,622
-$2,517
Net Cashflow After Tax
-$10,785
-$5,873
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$463,500
$463,500
$155,940
$656,300
