$495K
$77,284
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
High
High
$570,000
Medium
$495,000
Low
$420,000
Confidence
Medium
This magnificent 11.81-acre bushland property is your gateway to a tranquil lifestyle. Located less than 10 minutes from Daylesford and Creswick and just 25 minutes from Ballarat, it's perfectly positioned for both seclusion and convenience. The site boasts an approved planning permit until November 2026 for a 4-bedroom, 2-bathroom home amidst tall eucalyptus trees, ensuring privacy and a serene environment. Electricity is available at the front of the block, making it ideal for building your dream home or a serene weekend getaway.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
85.2%
$615K
3.3%
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$60,000
-$9,710
4.2%
Asking Price
$495,000
Estimated Purchase Price
$435,000
Stamp Duty
$21,170
Transfer Fee
$1,124
Conveyancing
$1,196
Deposit (10%)
$43,500
Reg. Mortgage
$129
LMI Premium
$9,616
Renovation Costs
-
Total Cash/Equity Required
$77,284
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,566
$2,043
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
$11,968
$17,606
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$13,871
-$8,233
Depreciation
-
-
Tax Offset
-$4,161
-$2,470
Net Cashflow After Tax
-$9,710
-$5,763
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%
$528,660
$955,692
Loan Balance
I.O
$391,500
$391,500
$137,160
$564,192
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
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
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 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
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 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