The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
Withheld
$2,030
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$5,500,000
Medium
$5,000,000
Low
$4,500,000
Confidence
Not Found
Gangara, located at 624 Deer Vale Road, Dorrigo, NSW, is a vast agricultural property spanning 979.2 acres (396.43 hectares). The well-developed farmland features 11 paddocks with new fencing, reliable water sources, and extensive pasture improvements primarily consisting of Rye, clover, and Kikuyu. The property holds a substantial 300ML unregulated irrigation license sourced from the Little Murray River and Bora Creek, supported by additional water infrastructure including 5 dams, multiple springs, and significant river and creek frontage. Advanced irrigation systems serve approximately 60 acres of farmland. Offering optimal conditions for livestock management, the property is estimated to sustain 250 to 275 breeders year-round. Located within a convenient distance to Dorrigo, Coffs Harbour, and Armidale, Gangara presents a unique and valuable opportunity for serious agricultural investors.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
78.5%
$795K
2.9%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$150,000
-$217,319
-
Asking Price
$5,150,000
Estimated Purchase Price
$5,150,000
Stamp Duty
$290,980
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$515,000
Reg. Mortgage
$164
LMI Premium
$145,528
Renovation Costs
-
Total Cash/Equity Required
$953,868
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,169
$1,525
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
-$4,546
-$5,931
Interest Repayments
$305,910
$305,910
Net Cashflow Before Tax
-$310,456
-$311,841
Depreciation
-
-
Tax Offset
-$93,137
-$93,552
Net Cashflow After Tax
-$217,319
-$218,289
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$5,340,000
$9,653,450
Loan Balance
I.O
$4,635,000
$4,635,000
$705,000
$5,018,450
Below are some similar properties in the area you may be interested in.
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 - 15.0%
Accommodation and Food Services - 10.0%
Retail Trade - 10.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 56.0%
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 2025 to 2027
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 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
