$700K
$142,099
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$920,000
Low
$840,000
Confidence
Medium
Experience a premier lifestyle in the enviable McIvor Forest Estate, Bendigo. This stunning four-bedroom home offers modern conveniences while overlooking a serene creek reserve. Timeless charm with hedged roses and a timber door façade welcomes you inside. The spacious master suite includes a walk-in robe and a light-filled ensuite. Three additional bedrooms, a practical study nook, and a family bathroom offer privacy and functionality. The heart of the home features a modern kitchen with a 900mm stove and walk-in pantry, leading to expansive living spaces and a shady alfresco area for indoor-outdoor living. This easy-to-maintain 500sqm property includes a double garage, split system heating and cooling, and eco-friendly solar panels, perfectly suited for families seeking convenience and charm minutes from Bendigo's amenities.
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92.7%
$850K
4%
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Try Picki for FREE$160,000
-$13,245
4.5%
Asking Price
$700,000
Estimated Purchase Price
$760,000
Stamp Duty
$40,670
Transfer Fee
$1,884
Conveyancing
$1,196
Deposit (10%)
$76,000
Reg. Mortgage
$129
LMI Premium
$21,670
Renovation Costs
-
Total Cash/Equity Required
$142,099
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,222
$37,912
Interest Repayments
$45,144
$45,144
Net Cashflow Before Tax
-$18,922
-$7,232
Depreciation
-
-
Tax Offset
-$5,676
-$2,169
Net Cashflow After Tax
-$13,245
-$5,062
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$684,000
$684,000
$298,560
$1,092,235
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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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projected
for 2024 to 2026
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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