$509K
$88,351
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$560,000
Low
$520,000
Confidence
Medium
Nestled in the prestigious Geelong Golf Course Residential Estate, this nearly new three-bedroom home offers a modern lifestyle with an array of conveniences. Perfectly positioned, it provides easy access to local amenities, schools, and the North Geelong Train Station. Enjoy a seamless blend of style and function with a modern open-plan kitchen and sunlit living spaces. Central heating, evaporative cooling, and a low-maintenance backyard add to year-round comfort and easy living. Ideal for families, investors, or downsizers, this property promises a great living experience near Geelong's CBD and the beach.
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64.1%
$600K
3.1%
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Try Picki for FREE-$10,000
-$10,646
4.5%
Asking Price
$579,000
Estimated Purchase Price
$570,000
Stamp Duty
$29,270
Transfer Fee
$1,440
Conveyancing
$1,196
Deposit (10%)
$57,000
Reg. Mortgage
$129
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$105,837
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$25,480
$36,266
Property Management
+7.7% PA
$1,962
$2,792
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
$18,650
$27,122
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$15,208
-$6,736
Depreciation
-
-
Tax Offset
-$4,562
-$2,021
Net Cashflow After Tax
-$10,646
-$4,715
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$513,000
$513,000
$85,080
$568,186
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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