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$595K
$124,922
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$595,000
Low
$570,000
Confidence
Not Applicable
Brewdley Lane stands as Bendigo's premier land development, offering a range of flat, well-engineered lots from 371m² to 755m² in its first stage. Located on the threshold of the Greater Bendigo National Park, residents will enjoy stunning forest views, access to extensive walking and cycling paths, and proximity to Kennington Reservoir. The development features two-street frontage lots, NBN fiber connections, and solid retaining walls. It's designed with quality in mind, including covenants to safeguard your investment.
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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 - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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 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
0%
86.9%
$605K
3.7%
Unlock Property Investment Scores
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Try Picki for FREE-$75,000
-$31,341
-
Asking Price
$595,000
Estimated Purchase Price
$670,000
Stamp Duty
$35,270
Transfer Fee
$1,674
Conveyancing
$1,196
Deposit (10%)
$67,000
Reg. Mortgage
$129
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$124,922
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
$39,798
$39,798
Net Cashflow Before Tax
-$44,773
-$46,289
Depreciation
-
-
Tax Offset
-$13,432
-$13,887
Net Cashflow After Tax
-$31,341
-$32,402
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$635,460
$1,148,760
Loan Balance
I.O
$603,000
$603,000
$32,460
$545,760
