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$1.15M
$219,212
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,250,000
Medium
$1,100,000
Low
$950,000
Confidence
Medium
This 75-acre property in Glengarry promises the ultimate rural lifestyle with rolling pastures, country views, and a functional home. The home offers 3 bedrooms, a wood heater, and a heat transfer system. Key farm infrastructure includes fertilised pastures, a machinery shed, a garage workshop, and electric fencing. Water resources are abundant with bore-fed troughs, four tanks, and spring-fed dams. The property supports diverse agricultural use with cattle, sheep, geese, and more. It includes planning approval for a second dwelling. Enjoy country living with easy access to Exeter and Launceston.
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87.5%
$740K
3%
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Try Picki for FREE-$125,000
-$39,337
1.9%
Asking Price
$1,149,000
Estimated Purchase Price
$1,225,000
Stamp Duty
$50,310
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$122,500
Reg. Mortgage
$152
LMI Premium
$38,331
Renovation Costs
-
Total Cash/Equity Required
$213,923
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
Rates
+3.0% PA
$1,572
$2,051
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,569
$24,148
Interest Repayments
$72,765
$72,765
Net Cashflow Before Tax
-$56,196
-$48,617
Depreciation
-
-
Tax Offset
-$16,859
-$14,585
Net Cashflow After Tax
-$39,337
-$34,032
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$1,102,500
$1,102,500
$72,300
$1,021,259
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2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
