Golden Square, Vic
Greater Bendigo (C)
0
0
0
574m2
residential land
First listed on 13/06/2023
Current Asking Price
Target Purchase Price:$260,000
Market Appraised Value
High Confidence
Market Appraised Rent
Cash Required
Darryn O'Keefe
None
70.8%
$678K
3.8%
$0
-$14,293
0.0%
0.0%
-32.7%
6.0%
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Asking Price
$245,000
Estimated Purchase Price
$245,000
Stamp Duty
$9,770
Transfer Fee
$679
Conveyancing
$1,196
Deposit (10%)
$24,500
Reg. Mortgage
$129
LMI Premium
$4,186
Renovation Costs
$0
Total Cash/Equity Required
$41,010
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$0
$0
Property Management
+7.7% PA
$0
$0
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
$14,553
$14,553
Net Cashflow Before Tax
-$19,528
-$21,044
Depreciation
$0
$0
Tax Offset
-$5,858
-$6,313
Net Cashflow After Tax
-$13,670
-$14,731
Assumptions
Year 1
Year 10
Property Value
6.8%
$261,660
$473,019
Loan Balance
I.O
$220,500
$220,500
$41,160
$252,519
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2016 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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
This image shows an overhead view of the property at 7 Reville Close, located in a suburban area of Golden Square, VIC, Australia. The property is positioned close to important landmarks like Bendigo Health, Bendigo CBD, and Cooinda Park. The neighborhood appears well-kept and is surrounded by greenery.
The property appears to be in good condition with well-maintained landscaping and clear boundaries from fencing. The positioning within a tranquil neighborhood, combined with its proximity to key locations, enhances its appeal.
Landscaped gardens, Fencing, External lighting