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$175K
$24,861
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$205,000
Medium
$185,000
Low
$165,000
Confidence
Not applicable
Discover a 498m2 plot located in a peaceful neighborhood, perfect for first home buyers, downsizers, and investors. With nearly 17 meters of frontage on Stone Street and services ready for connection, this land is designed for prompt construction. The land gently slopes to the rear, ensuring a captivating setting opposite a tranquil reserve. This titled allotment, zoned as General Residential, offers a unique chance to build without delay in Bendigo's competitive market. Close proximity to Eaglehawk shopping and Bendigo CBD enhances its appeal for a low-maintenance lifestyle without compromising on quality.
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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 - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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
0%
70.2%
$455K
5%
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Try Picki for FREE$25,000
-$10,135
-
Asking Price
$185,000
Estimated Purchase Price
$160,000
Stamp Duty
$4,670
Transfer Fee
$480
Conveyancing
$1,196
Deposit (10%)
$16,000
Reg. Mortgage
$129
LMI Premium
$2,734
Renovation Costs
-
Total Cash/Equity Required
$25,758
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,710
$2,231
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
-$4,975
-$6,491
Interest Repayments
$9,504
$9,504
Net Cashflow Before Tax
-$14,479
-$15,995
Depreciation
-
-
Tax Offset
-$4,344
-$4,799
Net Cashflow After Tax
-$10,135
-$11,197
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$197,580
$357,178
Loan Balance
I.O
$144,000
$144,000
$53,580
$213,178
