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$300K
$48,186
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$375,000
Medium
$347,500
Low
$320,000
Confidence
Not Found
Discover a rare opportunity in Central Victoria with this 2320m2 block at Barkers Creek. Perfectly positioned for building your dream home, the land is both elevated and flat, offering a prime spot for construction. Enjoy the serene backdrop of Barkers Creek while being minutes from the charming towns of Castlemaine and Harcourt. Take advantage of local amenities like the Little Red Apple store, a sporting precinct, and easy Calder Freeway access to Bendigo. With retail therapy and a train service to Melbourne nearby, as well as multiple education options within 5 km, this block delivers both convenience and community.
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90.6%
$615K
4.7%
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Try Picki for FREE$15,000
-$17,370
-
Asking Price
$347,500
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
$1,650
$2,153
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
-$4,915
-$6,413
Interest Repayments
$19,899
$19,899
Net Cashflow Before Tax
-$24,814
-$26,312
Depreciation
-
-
Tax Offset
-$7,444
-$7,894
Net Cashflow After Tax
-$17,370
-$18,418
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$301,500
$301,500
$72,300
$374,241
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2021 Population
Suburbs
Manufacturing - 22.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Public Administration and Safety - 9.0%
Others - 46.0%
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
