$510K
$106,791
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Try Picki for FREEConfidence
Medium
High
$570,000
Medium
$510,000
Low
$450,000
Confidence
Not Applicable
Seize the chance to construct your extraordinary double-storey abode on this expansive 950m2 lot at Highbury Court in Bendigo. Positioned at the entrance of a prestigious estate, the land offers good street frontage and slopes upward, ensuring ample natural light and stunning views. Located in the desirable Strathdale neighborhood, this rare and exclusive location promises tranquility. The site is close to Kennington Village, Kennington Reservoir, and quality schools, offering a lifestyle of convenience and prestige. Ready-to-build, these premium allotments are perfect for crafting a contemporary masterpiece or a classic family home.
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86.7%
$860K
107.7%
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Try Picki for FREE-$65,000
-$27,391
-
Asking Price
$510,000
Estimated Purchase Price
$575,000
Stamp Duty
$29,570
Transfer Fee
$1,451
Conveyancing
$1,196
Deposit (10%)
$57,500
Reg. Mortgage
$129
LMI Premium
$16,395
Renovation Costs
-
Total Cash/Equity Required
$106,791
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
$34,155
$34,155
Net Cashflow Before Tax
-$39,130
-$40,646
Depreciation
-
-
Tax Offset
-$11,739
-$12,194
Net Cashflow After Tax
-$27,391
-$28,452
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$517,500
$517,500
$27,180
$467,152
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2021 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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % 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