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$1.85M
$358,345
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
A solid country-style home awaits you on approximately 220 acres of prime cattle country. This property is ideal for both immediate relocation or custom renovations, supporting up to 70 breeders with its setup for rotational grazing. Featuring 4 dams and spring-fed gullies, water shortages are not a concern. The landscape is well-sheltered with timber pockets, perfect for various farming needs and family camping adventures. Conveniently located just 10 minutes from town and 25 minutes from pristine beach coastlines, this home offers a peaceful rural lifestyle with easy access to urban and beach amenities.
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92.8%
$436K
7.8%
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Try Picki for FREE-$240,000
-$58,963
2.1%
Asking Price
$1,850,000
Estimated Purchase Price
$1,990,000
Stamp Duty
$92,505
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$199,000
Reg. Mortgage
$164
LMI Premium
$56,233
Renovation Costs
-
Total Cash/Equity Required
$350,098
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,046
$1,365
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$33,974
$48,880
Interest Repayments
$118,206
$118,206
Net Cashflow Before Tax
-$84,232
-$69,326
Depreciation
-
-
Tax Offset
-$25,270
-$20,798
Net Cashflow After Tax
-$58,963
-$48,528
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,791,000
$1,791,000
$78,000
$1,587,707
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
