$645K
$104,883
"Situated on a 2.59 acre 1.051HA block sits this quality threebedroom home with beautiful views looking out toward the rural landscape. Internally this character filled home features an openplan kitchen, living, and dining space making it ideal for families. The kitchen includes electric appliances and overlooks the rear yard. The living space is the real heart of the home with a wood fire, stunning views overlooking a rural landscape and large sliding doors leading you out towards the veranda. The home includes three bedrooms all with builtin robes, a centrally located family bathroom and a large undercover deck just off the dining room. Year round comfort is assured with two reverse cycle air conditioners as well as the wood fire for the winter months. Your equine companions will feel right at home with 4 separate paddocks with electric fencing which are practically designed to move animals from one paddock to the next with ease. Three stables and a small holding paddock are located just beside the house to keep an eye on the horses. Other external features include a fenced dog yard to keep pets and young children safe, and a dam with a beautiful willow beside it. The house is serviced by mains water and power, septic sewage and NBN connection. Located 20 minutes from the beautiful Daylesford region, half an hour from the Ballarat CBD and just under 10 minutes to Creswick for all your shops, cafes primary schools and a quality feed. To book a private viewing or for further information contact Toby Tanis 0413 842 666."
-
73.1%
-
-
-$380,000
-$19,897
2.7%
1.8%
-15.7%
6.0%
Asking Price
$645,000
Estimated Purchase Price
$680,000
Stamp Duty
$35,870
Transfer Fee
$1,697
Conveyancing
$1,196
Deposit (10%)
$68,000
Reg. Mortgage
$129
LMI Premium
$19,389
Renovation Costs
-
Total Cash/Equity Required
$126,831
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
$40,392
$40,392
Net Cashflow Before Tax
-$28,424
-$22,786
Depreciation
-
-
Tax Offset
-$8,527
-$6,836
Net Cashflow After Tax
-$19,897
-$15,950
Assumptions
Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$612,000
$612,000
-$291,600
-$32,793
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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