$695K
$143,053
"Escape to the Country Think natural beauty, history, arts and culture, restaurants and bars celebrating paddock to plate, stunning wineries, spas and mineral waters and youll be living your country dream in the award winning town of Daylesford. In a quiet and exclusive culdesac, of only 7 houses on large allotments, you will find 4,521sqm of land waiting to awaken the dream. The land is gently sloping, approx. 23 cleared and primely positioned leading into an uninterrupted natural bush environment, your stunning view to enjoy. This rare opportunity offers country serenity, within walking distance to town. In the words of Macedon Tourism Escape, rejuvenate and come back to life in Daylesford. All Services conveniently located."
Below are some similar properties in the area you may be interested in.
-
71%
$960K
3%
-$80,000
-$33,735
-
-
-24.7%
6.0%
Asking Price
$695,000
Estimated Purchase Price
$730,000
Stamp Duty
$38,870
Transfer Fee
$1,814
Conveyancing
$1,196
Deposit (10%)
$73,000
Reg. Mortgage
$129
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$136,373
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$48,193
-$49,665
Depreciation
-
-
Tax Offset
-$14,458
-$14,900
Net Cashflow After Tax
-$33,735
-$34,766
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$657,000
$657,000
$37,200
$597,948
Did you know you need to engage a conveyancer when buying a property?
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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