$540K
$93,884
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Medium
This exceptional 3-bedroom home is located in the North Geelong Golf Course Estate, just 3km from Geelong CBD. It offers open plan living with a northerly aspect, a quality kitchen with ample storage, and private outdoor dining spaces. The property includes a master suite with walk-in-robe and ensuite, additional bedrooms with built-in robes, and a spacious living area. It's ideally situated close to parks, trails, cafes, and shops. The residence boasts a modern steel frame and a 6-star energy rating with features like ducted heating and evaporative cooling. Residents also have the option for golf course playing rights.
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64.1%
$600K
3.1%
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Try Picki for FREE$40,000
-$9,062
4.8%
Asking Price
$550,000
Estimated Purchase Price
$540,000
Stamp Duty
$27,470
Transfer Fee
$1,369
Conveyancing
$1,196
Deposit (10%)
$54,000
Reg. Mortgage
$129
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$96,651
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$19,130
$27,805
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$12,946
-$4,271
Depreciation
-
-
Tax Offset
-$3,884
-$1,281
Net Cashflow After Tax
-$9,062
-$2,990
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$486,000
$486,000
$133,440
$633,800
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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