$600K
$108,700
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Try Picki for FREEConfidence
High
High
$670,000
Medium
$620,000
Low
$570,000
Confidence
Medium
Located within the prestigious North Geelong Golf Course Estate, this bright and spacious home offers an exceptional opportunity for first-time buyers or investors. Just 3km from the Geelong CBD, it features an open-plan kitchen, dining, and living area that connects to the rear yard, modern kitchen amenities, and a roomy master suite. New paint and carpet add to its appeal. The property sits on a low-maintenance 300m2 plot, ideally situated near cafes, schools, parks, and convenient transport links. With ducted heating and evaporative cooling, comfort is year-round. A JG King steel frame adds durability, and a secure yard is perfect for children and pets.
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64.1%
$600K
3.1%
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Try Picki for FREE$30,000
-$11,813
4.2%
Asking Price
$600,000
Estimated Purchase Price
$590,000
Stamp Duty
$30,470
Transfer Fee
$1,486
Conveyancing
$1,196
Deposit (10%)
$59,000
Reg. Mortgage
$129
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$109,654
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,603
$2,092
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
$18,170
$26,439
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$16,876
-$8,607
Depreciation
-
-
Tax Offset
-$5,063
-$2,582
Net Cashflow After Tax
-$11,813
-$6,025
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$531,000
$531,000
$131,160
$666,028
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
Average Income
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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
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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