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$749K
$140,190
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$765,000
Low
$730,000
Confidence
Medium
This luxurious custom home sits in a premium park-fronted location, featuring a blend of style and functionality with modern, high-end finishes. It offers flexible living spaces with potential configurations as either a 3-bedroom and 2-living or a 4-bedroom and 1-living area setup. The open-plan kitchen and living room seamlessly connect to a scenic outdoor area. A short distance from essential lifestyle amenities, the property upholds privacy with no body corporate fees and boasts exquisite design elements, including stone benchtops, ducted heating, and remote-controlled blinds. Conveniently located near local facilities, Torquay, and the Geelong CBD, this residence promises a sophisticated and connected lifestyle.
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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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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
0%
79.3%
$695K
4.4%
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-$15,218
4.1%
Asking Price
$785,000
Estimated Purchase Price
$785,000
Stamp Duty
$42,170
Transfer Fee
$1,943
Conveyancing
$1,196
Deposit (10%)
$78,500
Reg. Mortgage
$129
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$146,870
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+7.7% PA
$2,482
$3,533
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
$24,890
$36,003
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$21,739
-$10,626
Depreciation
-
-
Tax Offset
-$6,522
-$3,188
Net Cashflow After Tax
-$15,218
-$7,438
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$706,500
$706,500
$110,520
$770,478
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