$415K
$64,373
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$450,000
Medium
$415,000
Low
$380,000
Confidence
Medium
Discover an enticing opportunity with this vacant 907 sqm property in Glenlyon, nestled along the scenic Avenue of Honour and backed by stunning views of the Loddon River. With an additional 600 sqm crown lease on river frontage, the gently sloping block is perfect for your dream countryside home, pending Council Approval. This central and desirable location ensures easy access to local amenities, including the nearby Glenlyon General Store, farmers market, and walking trails. Stay connected with available power, phone, and NBN services. Enjoy the rich, red volcanic soil and fully fenced security. Located just a short drive from Daylesford and Kyneton, this is a rare find packed with potential for a tranquil lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
88.1%
$500K
5%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$50,000
-$6,799
5.0%
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
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,968
$17,606
Interest Repayments
$21,681
$21,681
Net Cashflow Before Tax
-$9,713
-$4,075
Depreciation
-
-
Tax Offset
-$2,914
-$1,222
Net Cashflow After Tax
-$6,799
-$2,852
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$443,220
$801,236
Loan Balance
I.O
$328,500
$328,500
$114,720
$472,736
Below are some similar properties in the area you may be interested in.
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
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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