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$396K
$62,528
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Try Picki for FREEConfidence
Medium
High
$432,000
Medium
$396,000
Low
$360,000
Confidence
Not Found
Lot 245 Smokeytown Road presents an enticing opportunity to own a 5.45-acre parcel just outside Creswick. With picturesque views of Springmount and close proximity to Daylesford and Ballarat, this location combines rural charm with easy access to urban conveniences. Fully fenced and enriched with native bushland, the land features a fish-stocked dam and readily available power connections, making it ideal for those seeking country living minutes from town.
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87.8%
$655K
313.6%
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Try Picki for FREE$30,000
-$18,558
-
Asking Price
$396,000
Estimated Purchase Price
$365,000
Stamp Duty
$16,970
Transfer Fee
$960
Conveyancing
$1,196
Deposit (10%)
$36,500
Reg. Mortgage
$129
LMI Premium
$8,069
Renovation Costs
-
Total Cash/Equity Required
$64,373
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
$21,681
$21,681
Net Cashflow Before Tax
-$26,512
-$27,984
Depreciation
-
-
Tax Offset
-$7,954
-$8,395
Net Cashflow After Tax
-$18,558
-$19,589
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Year 1
Year 10
Property Value
6.8%
$421,860
$762,623
Loan Balance
I.O
$328,500
$328,500
$93,360
$434,123
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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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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
