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Withheld
$114,913
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$800,000
Medium
$720,000
Low
$640,000
Confidence
Not Found
Dell Brae is a prime grazing estate located at high altitude with dual road frontage, positioned 78km East of Tamworth, in the fertile South Walcha district. Spanning approximately 329.7 ha or 814.7 acres, this property features excellent red to dark basalt soils and an average annual rainfall of 1100mm. It is equipped with 24 dams, 5 water troughs operated by a solar pressure pump, and 2 permanent streams. With a strong fertiliser history and divided into 17 paddocks, it supports thriving perennial pastures like Cocksfoot and Rye Grass. Equipped with quality steel cattle yards with a 300-head capacity, this farm is well-suited for breeding or backgrounding enterprises. Additional improvements include a comfortable 3-bedroom weatherboard home, a machinery shed, and abundant future development opportunities. Its cool climate includes occasional snowfalls, adding to its agricultural appeal.
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71.4%
-
-
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Try Picki for FREE-$6,280,000
-$294,143
-
Asking Price
$7,000,000
Estimated Purchase Price
$7,000,000
Stamp Duty
$420,480
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$700,000
Reg. Mortgage
$164
LMI Premium
$197,805
Renovation Costs
-
Total Cash/Equity Required
$1,320,645
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,027
$1,340
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
-$4,404
-$5,746
Interest Repayments
$415,800
$415,800
Net Cashflow Before Tax
-$420,204
-$421,546
Depreciation
-
-
Tax Offset
-$126,061
-$126,464
Net Cashflow After Tax
-$294,143
-$295,082
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Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$6,300,000
$6,300,000
-$5,531,040
-$4,909,903
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
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projected
for 2024 to 2026
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Sold Price
Asking Price
