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Withheld
$240,878
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Try Picki for FREEConfidence
Medium
High
$1,500,000
Medium
$1,300,000
Low
$1,100,000
Confidence
Not Found
This magnificent rural property spans 25.71 hectares (approximately 63.5 acres), offering a parklike setting with gently rolling pastures. It's bordered by three roads and is located in a high-rainfall area, ideal for various agricultural pursuits. The property includes a quality bore with a substantial 18,920kL water license, an unequipped well, and a large concrete water storage tank. A range of established sheds, including a former dairy and hay sheds, are available with mains power connected. Stunning views provide potential home sites, subject to council approval (STCC). This unique piece of land is an opportunity not to be missed.
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85.8%
-
-
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Try Picki for FREE$1,390,000
+
416.0%
Asking Price
$12,000
Estimated Purchase Price
$10,000
Stamp Duty
$100
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$1,000
Reg. Mortgage
$187
LMI Premium
$173
Renovation Costs
-
Total Cash/Equity Required
$3,445
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$2,085
$2,720
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$32,791
$47,336
Interest Repayments
$594
$594
Net Cashflow Before Tax
$32,197
$46,742
Depreciation
-
-
Tax Offset
$9,659
$14,023
Net Cashflow After Tax
$22,538
$32,719
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$9,000
$9,000
$1,486,200
$2,693,966
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2021 Population
Suburbs
Education and Training - 11.0%
Retail Trade - 10.0%
Health Care and Social Assistance - 10.0%
Accommodation and Food Services - 9.0%
Others - 60.0%
Average Income
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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
