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$275K
$51,775
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Try Picki for FREEConfidence
Medium
High
$330,000
Medium
$275,000
Low
$220,000
Confidence
Low
This 15-acre rural property offers stunning scenery of the Pyrenees Ranges, located North of Ballarat and easily accessible from Clunes and Talbot. A prime opportunity to build your dream home, subject to council approval, this land is perfect for running sheep or keeping horses, as it includes a dam and strong fencing. Conveniently located near major shopping centers in Maryborough and rich with dining options in nearby towns, it is perfect for weekend getaways or a peaceful retreat from city life. Explore the cleared camping area and envision the serene lifestyle it promises.
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91.8%
-
-
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+
21.1%
Asking Price
$275,000
Estimated Purchase Price
$295,000
Stamp Duty
$12,770
Transfer Fee
$796
Conveyancing
$1,196
Deposit (10%)
$29,500
Reg. Mortgage
$129
LMI Premium
$5,041
Renovation Costs
-
Total Cash/Equity Required
$49,981
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,419
$1,851
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
$52,911
$75,864
Interest Repayments
$17,523
$17,523
Net Cashflow Before Tax
$35,388
$58,341
Depreciation
-
-
Tax Offset
$10,616
$17,502
Net Cashflow After Tax
$24,772
$40,839
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$293,700
$530,940
Loan Balance
I.O
$265,500
$265,500
$28,200
$265,440
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 - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
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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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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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