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Withheld
$47,704
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Try Picki for FREEConfidence
Medium
High
$350,000
Medium
$300,000
Low
$250,000
Confidence
Not Found
Southern Cross Farms Portfolio in Mid North South Australia combines 205.98 hectares of land, featuring 29 free-range broiler sheds and 174.98 hectares of dryland cropping and grazing land. The portfolio has a Grower Agreement with Baiada, a major poultry processor, making it a key producer for the Lilydale brand. Future expansion includes eight new sheds by March 2027. Operational efficiency has been boosted with a 500KW solar system and desalination plant. The property includes five houses, central office, and workshops, and produces additional income through leased dryland farming.
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82.5%
-
-
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Try Picki for FREE$5,000
-$16,118
-
Asking Price
-
Estimated Purchase Price
$295,000
Stamp Duty
$11,093
Transfer Fee
$2,723
Conveyancing
$1,226
Deposit (10%)
$29,500
Reg. Mortgage
$187
LMI Premium
$5,089
Renovation Costs
-
Total Cash/Equity Required
$50,368
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,981
$2,585
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
-$5,502
-$7,179
Interest Repayments
$17,523
$17,523
Net Cashflow Before Tax
-$23,025
-$24,702
Depreciation
-
-
Tax Offset
-$6,908
-$7,411
Net Cashflow After Tax
-$16,118
-$17,291
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$265,500
$265,500
$54,900
$313,707
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 27.0%
Manufacturing - 17.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 38.0%
Average Income
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projected
for 2024 to 2026
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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
