The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$450K
$90,195
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Not Applicable
Nestled adjacent to the Greater Bendigo National Park, this residential property offers a serene and sought-after haven. Situated in a quiet area, the location is ideal for families with easy access to both primary and secondary schools, as well as La Trobe University. Connectivity is a breeze with nearby public transport options, while a shopping center is conveniently located just 1.6km away. Outdoor enthusiasts will appreciate the offroad walking and cycling trails. The block is gently sloping, making it simple to construct upon, and it boasts dual street frontages, enhancing its accessibility and appeal.
Below are some similar properties in the area you may be interested in.
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
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 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
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
79%
$690K
471%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$55,000
-$24,480
-
Asking Price
$450,000
Estimated Purchase Price
$505,000
Stamp Duty
$25,370
Transfer Fee
$1,287
Conveyancing
$1,196
Deposit (10%)
$50,500
Reg. Mortgage
$129
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$90,195
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
$29,997
$29,997
Net Cashflow Before Tax
-$34,972
-$36,488
Depreciation
-
-
Tax Offset
-$10,492
-$10,946
Net Cashflow After Tax
-$24,480
-$25,542
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$454,500
$454,500
$26,100
$414,310
