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.
© 2025 Picki. All rights reserved.
$975K
$183,188
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
-
Medium
-
Low
-
Confidence
Discover a tranquil retreat in Sutton Grange, just over an hour from Melbourne. This picturesque rural property boasts a seasonal creek, multiple potential home sites, and stunning views of Mount Alexander. Nestled among premier grazing lands and vineyards, it offers privacy with friendly neighbors. Conveniently access the vibrant Harcourt and Castlemaine scenes, or commute easily to Bendigo or Melbourne. Embrace nature’s beauty with the flexibility to build your dream home, subject to council approval.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
96.2%
$410K
824.4%
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-$25,000
-$43,981
-
Asking Price
$975,000
Estimated Purchase Price
$975,000
Stamp Duty
$53,625
Transfer Fee
$2,387
Conveyancing
$1,196
Deposit (10%)
$97,500
Reg. Mortgage
$129
LMI Premium
$27,801
Renovation Costs
-
Total Cash/Equity Required
$183,188
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,650
$2,153
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
-$4,915
-$6,413
Interest Repayments
$57,915
$57,915
Net Cashflow Before Tax
-$62,830
-$64,328
Depreciation
-
-
Tax Offset
-$18,849
-$19,298
Net Cashflow After Tax
-$43,981
-$45,030
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%
$1,014,600
$1,834,155
Loan Balance
I.O
$877,500
$877,500
$137,100
$956,655
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
Manufacturing - 22.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Public Administration and Safety - 9.0%
Others - 46.0%
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
