$350K
$51,775
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Try Picki for FREEConfidence
Medium
High
$420,000
Medium
$380,000
Low
$340,000
Confidence
Not Applicable
Discover a unique opportunity in serene Glenlyon with this expansive 2,023sqm plot, perfect for building your dream home or a tranquil retreat, subject to council approval (STCA). The flat terrain, adorned with majestic oak trees, welcomes you into a private oasis, just minutes from the iconic General Store. Enjoy proximity to Daylesford's energy and an easy drive to Melbourne in under 90 minutes. This inviting land offers the potential for a life enriched by nearby vineyards, charming towns, and breathtaking landscapes.
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88.1%
$500K
5%
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Try Picki for FREE$45,000
-$17,311
-
Asking Price
$385,000
Estimated Purchase Price
$335,000
Stamp Duty
$15,170
Transfer Fee
$890
Conveyancing
$1,196
Deposit (10%)
$33,500
Reg. Mortgage
$129
LMI Premium
$7,406
Renovation Costs
-
Total Cash/Equity Required
$58,840
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
-$24,730
-$26,202
Depreciation
-
-
Tax Offset
-$7,419
-$7,861
Net Cashflow After Tax
-$17,311
-$18,342
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$301,500
$301,500
$104,340
$432,162
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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
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price