Withheld
$117,779
Confidence
Medium
High
$780,000
Medium
$700,000
Low
$620,000
Confidence
Low
"This superb rural building block zoned rural living of 4.4969 hectares, or approximately 11 acres in the old scale, is located just on the top side of the Golden Valley community and tucked under the spectacular Stella Glen in the middle shelf of the great Western Tiers. The property which is all native timber, presents an outstanding north facing building site that gives privacy, perfect orientation, and access to one of the best water sources in the area. The water source in question which rises near the propertys southern boundary is a continuously running spring that delivers high volumes of pure spring water yearround and is positioned on the topside of a future building site, making gravity fed water a real option. Mains power electricity is located near the bottom side of the land, giving future connection a possibility. With rural building blocks on larger parcels being very difficult to find, and almost never offered, this is a unique opportunity to secure one of a very few remaining blocks with this particular zoning. The current owners have a basic shack on the property that a new purchaser could remove or keep, depending on their future plans. All enquires in the first instance are to the Agent, with inspections strictly by appointment only."
-
83.8%
$520K
3.9%
$10,000
-$11,885
4.5%
3.5%
-10.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$690,000
Stamp Duty
$26,323
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$69,000
Reg. Mortgage
$152
LMI Premium
$19,675
Renovation Costs
-
Total Cash/Equity Required
$117,779
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
Rates
+3.0% PA
$1,247
$1,627
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
$24,007
$34,697
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$16,979
-$6,289
Depreciation
-
-
Tax Offset
-$5,094
-$1,887
Net Cashflow After Tax
-$11,885
-$4,402
Assumptions
Year 1
Year 10
Property Value
6.8%
$747,600
$1,351,483
Loan Balance
I.O
$621,000
$621,000
$126,600
$730,483
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 16.0%
Health Care and Social Assistance - 14.0%
Retail Trade - 10.0%
Manufacturing - 9.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price