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$640K
$119,197
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Experience comfort and convenience at 9 Oakbank Place, a meticulously maintained home in Marong. This residence features dual side access with a caravan carport and a sizeable shed, appealing to those with outdoor hobbies. Inside, an open-plan kitchen flows into living and dining spaces, alongside a rumpus room for versatility. The master suite is a private haven, while additional bedrooms offer built-in storage and fans. Outdoor living is made easy with an alfresco area and a secure, well-kept yard. Located just 20 minutes from Bendigo CBD, enjoy local amenities like the Marong Family Hotel and Golf Club. Don't miss the chance to make this house your home.
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86.2%
$640K
4.1%
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Try Picki for FREE$10,000
-$11,951
4.4%
Asking Price
$640,000
Estimated Purchase Price
$640,000
Stamp Duty
$33,470
Transfer Fee
$1,603
Conveyancing
$1,196
Deposit (10%)
$64,000
Reg. Mortgage
$129
LMI Premium
$18,249
Renovation Costs
-
Total Cash/Equity Required
$119,197
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$20,943
$30,398
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$17,073
-$7,618
Depreciation
-
-
Tax Offset
-$5,122
-$2,285
Net Cashflow After Tax
-$11,951
-$5,333
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$576,000
$576,000
$118,200
$678,948
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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