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Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$5,500,000
Medium
$5,000,000
Low
$4,500,000
Confidence
Not Applicable
Gangara at 624 Deer Vale Road, Dorrigo NSW, is a vast agricultural property covering 979.2 acres (396.43 hectares), designed for high-capacity livestock and pasture operations. The property features 11 paddocks with modern fencing, extensive pasture improvements, and a rich irrigation system fed by the Little Murray River and Bora Creek. Water resources include an irrigation license, five dams, multiple springs, and a robust solar-pumped water distribution system. Ideal for livestock, it boasts a carrying capacity of 250 to 275 breeders year-round, supported by steel yards, a vet crush, and high-tech irrigation controls via app. Located with accessible proximities to Dorrigo, Coffs Harbour, and Armidale, Gangara is divided into three titles with corresponding building entitlements.
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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
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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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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
0%
57%
$795K
2.9%
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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
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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
