$2.44M
-
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Try Picki for FREEConfidence
Medium
High
$2,700,000
Medium
$2,435,000
Low
$2,200,000
Confidence
Not Found
Welcome to Nulla Doon Passiondale Aggregation, a rare gem in the Niangala district. This expansive property, family-owned since 1971, spans approximately 1842 acres with options to purchase individual lots of 1068, 700, or 75 acres. Ideal for those seeking high rainfall regions, the Passiondale home block features 7 main paddocks, cattle and sheep yards, a woolshed, and a workshop. The homestead, a sturdy 4-bedroom brick house, is well-sheltered by trees. While the pastures are native, they’re supplemented by small creeks and dams, ensuring good water supply. The property offers cleared grazing paddocks with basalt trap soil and recently harvested timber. Nulla Doon's blocks, though devoid of infrastructure, hold potential—with pasture improvements, they could support more than the current 80 cows and calves.
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53.6%
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-$104,330
-
Asking Price
$2,435,000
Estimated Purchase Price
$2,435,000
Stamp Duty
$116,980
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$243,500
Reg. Mortgage
$164
LMI Premium
$68,808
Renovation Costs
-
Total Cash/Equity Required
$431,648
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
$144,639
$144,639
Net Cashflow Before Tax
-$149,043
-$150,385
Depreciation
-
-
Tax Offset
-$44,713
-$45,116
Net Cashflow After Tax
-$104,330
-$105,270
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Year 1
Year 10
Property Value
6.8%
$2,600,580
$4,701,230
Loan Balance
I.O
$2,191,500
$2,191,500
$409,080
$2,509,730
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 43.0%
Health Care and Social Assistance - 7.0%
Education and Training - 7.0%
Retail Trade - 6.0%
Others - 37.0%
Average Income
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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
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