Withheld
$577,963
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$3,800,000
Medium
$3,500,000
Low
$3,200,000
Confidence
Medium
A unique lifestyle and farming opportunity awaits on over 369 acres of improved land. Set amidst breathtaking views, the property features extensive options for cattle, cropping, or tourist ventures. Upgraded with new fencing, gates, and stockyards, it includes a large machinery shed and workshop, all ready for use. The stunning home boasts four bedrooms, inclusive of a master with ensuite, and an entertainer's kitchen with open living areas. With outdoor areas perfect for hosting, this property is ideal for raising a family and livestock, offering immense potential for growth.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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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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%
87.5%
$740K
3%
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Try Picki for FREE-$555,000
-$122,152
1.9%
Asking Price
$3,800,000
Estimated Purchase Price
$4,055,000
Stamp Duty
$177,660
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$405,500
Reg. Mortgage
$152
LMI Premium
$126,883
Renovation Costs
-
Total Cash/Equity Required
$712,825
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+8.8% PA
$6,864
$9,770
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
$66,364
$95,022
Interest Repayments
$240,867
$240,867
Net Cashflow Before Tax
-$174,503
-$145,845
Depreciation
-
-
Tax Offset
-$52,351
-$43,753
Net Cashflow After Tax
-$122,152
-$102,091
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,738,000
$6,757,415
Loan Balance
I.O
$3,649,500
$3,649,500
$88,500
$3,107,915