$415K
$64,373
"Located along Glenlyons majestic oaktree lined Avenue of Honour, this attractive vacant allotment overlooks nearby bushland and the Loddon River. The gently sloping block comprises of 907 sqm including rarely found Loddon River frontage via a crownlease of another approximately 600 sqm. The central location, less than a minute walk for coffee from the landmark General Store and monthly farmers market at the historic Community Hall, could be the perfect site for your country lifestyle home subject to Council Approval. Power, phone, NBN service available Sunny eastwest orientation with eastern views of the Loddon River Red volcanic soil Fully fenced Close to the Glenlyon General Store, Loddon River walking trail, Loddon Falls, Mineral Springs Recreation Reserve, and school bus stop 10 min drive to Daylesford and 15 min to Kyneton"
Below are some similar properties in the area you may be interested in.
-
88.1%
-
-
$385,000
-$3,440
6.4%
4.6%
-5.3%
6.0%
Asking Price
$415,000
Estimated Purchase Price
$365,000
Stamp Duty
$16,970
Transfer Fee
$960
Conveyancing
$1,196
Deposit (10%)
$36,500
Reg. Mortgage
$129
LMI Premium
$8,069
Renovation Costs
-
Total Cash/Equity Required
$64,373
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
$1,566
$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
$16,767
$24,438
Interest Repayments
$21,681
$21,681
Net Cashflow Before Tax
-$4,914
$2,757
Depreciation
-
-
Tax Offset
-$1,474
$827
Net Cashflow After Tax
-$3,440
$1,930
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$328,500
$328,500
$472,500
$1,119,517
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
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