$1.17M
$190,277
Confidence
Medium
High
$702,000
Medium
$585,000
Low
$468,000
Confidence
Low
"If its peaceful setting with a sense of space that you have been searching for look no further This 32.2 acre property in the Central Tablelands high country is exactly what you have been waiting for. As you meander up the driveway you will feel at ease at the privacy this property exudes, featuring the secluded threebedroom, twobathroom home surrounded by its beautiful established garden, overlooking the beautiful views and stands of native eucalypt trees. With excellent infrastructure, sound water security and located a mere 18km to Oberon and 200km to Sydney, properties like Rocky Ridge rarely come to market in this tightly held region. Approximately 13.04 Ha 32.2 acres of undulating country and fertile soils, currently running some cattle and sheep but would also be ideal for horses. Threebedroom, twobathroom home set in an established garden and with views over the rolling countryside. Master bedroom is a large size and boasts a walkin wardrobe and an ensuite. Two other bedrooms are generously sized and include builtin wardrobes. The home has been recently improved throughout with updated kitchen, renovated bathrooms, new carpet, new flooring, freshly painted throughout and LED lighting installed. Enjoy the cosy winter warmth of the slow combustion wood fire or gas heating and cool down in the warmer months with the split system AC air conditioner. The home has recently had an 11kw solar system installed to help reduce your mains electricity consumption. A front timber deck overlooking the beautiful garden and sprawling lawns gives you the perfect place to enjoy the scenery, while the undercover timber alfresco area at the back provides the ideal area to entertain guests or enjoy a BBQ. Water is a feature four poly tanks holding approximately 80,000L of both fresh water, and able to be filled by the reliable bore. The bore also services a trough system thats installed allowing water into each paddock, plus two dams. Excellent infrastructure there are three large sheds all with concrete flooring and power. The largest shed is completely lockable, with three roller doors and is fully fenced. The second is a fourbay shed, two enclosed with roller doors and two open bays, while the third has been used as a machinery stock shed and is in close proximity to the existing cattle yards. Steel and timber cattle and yards currently in use for stock handling. Fencing is in good stock proof condition. Surrounding the home are sweeping lawns and gardens featuring established cool climate flowers, shrubs and trees. Stunning views of the rolling countryside, the highest point of the property giving you panoramic northerly views. Stands of native eucalypt and coniferous trees provide ample stock shelter and wind protection for most of the property. At an elevation of approx. 1180m ASL you will enjoy a true cooler climate that features good average rainfall and the occasional winter snow fall. Sealed road to the property from all major locations. On the doorstep of some of the districts many attractions Jenolan Caves, Mayfield Garden, local river systems for fishing, state forestry for bushwalking and mushroom picking, and the quaint villages of OConnell and Tarana. Comfort, privacy and location. Whether you are searching for your family home or an escape from the hustle and bustle, Rocky Ridge is the tranquil rural retreat you have been waiting for. This lovely property is offered for genuine sale and gives the astute buyer an opportunity to secure a unique holding in this highly soughtafter area. Dont miss your chance and book an inspection today Disclaimer All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it."
-
82.7%
-
-
$565,000
+
135.2%
104.5%
280.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$20,000
Estimated Purchase Price
$20,000
Stamp Duty
$260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$2,000
Reg. Mortgage
$164
LMI Premium
$309
Renovation Costs
-
Total Cash/Equity Required
$4,928
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$676
$882
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
$20,905
$30,235
Interest Repayments
$1,188
$1,188
Net Cashflow Before Tax
$19,717
$29,047
Depreciation
-
-
Tax Offset
$5,915
$8,714
Net Cashflow After Tax
$13,802
$20,333
Assumptions
Year 1
Year 10
Property Value
6.8%
$624,780
$1,129,454
Loan Balance
I.O
$18,000
$18,000
$606,780
$1,111,454
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2021 Population
Suburbs
Manufacturing - 23.0%
Agriculture, Forestry and Fishing - 19.0%
Retail Trade - 6.0%
Public Administration and Safety - 6.0%
Others - 46.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price