$485K
$77,284
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Try Picki for FREEConfidence
High
-
Medium
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Low
-
Confidence
Discover a sleek, single-level apartment in BlueChip Geelong, perfectly positioned near the CBD, medical precinct, and waterfront. This modern unit features two spacious bedrooms and a chic bathroom. The open-plan kitchen and living area, with high-end finishes like stone benchtops and European appliances, make it ideal for singles or couples. The location offers easy access to Geelong's finest restaurants, shopping, and entertainment, and swift transport to Melbourne. Experience an enviable lifestyle or invest in this bustling locale, brimming with opportunities.
Trusted by over 13k property buyers and counting...
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55.9%
$960K
3%
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Try Picki for FREE$15,000
-$22,534
-
Asking Price
$499,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,868
-$6,352
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$32,192
-$33,676
Depreciation
-
-
Tax Offset
-$9,658
-$10,103
Net Cashflow After Tax
-$22,534
-$23,573
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$414,000
$414,000
$93,300
$503,078
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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
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