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$2M
$340,813
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Try Picki for FREEConfidence
Medium
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Not Found
This exceptional 263-acre dairy farm near Echuca offers an incredible opportunity for both dairy farming and a serene country lifestyle. The property boasts quality infrastructure, including a modernized family residence, a high-capacity milking shed, extensive shedding facilities, and a council-approved dog breeding facility. With quality soil types and efficient irrigation, the farm is well-suited for dairy operations and fodder production. Additional features like portable stock yards, a self-contained cabin for staff, and a comprehensive solar power system enhance the farm's appeal.
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81.8%
$800K
2.7%
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Try Picki for FREE$150,000
-$80,457
-
Asking Price
$1,999,000
Estimated Purchase Price
$1,850,000
Stamp Duty
$101,750
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$185,000
Reg. Mortgage
$129
LMI Premium
$57,887
Renovation Costs
-
Total Cash/Equity Required
$350,128
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,784
$2,328
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,049
-$6,588
Interest Repayments
$109,890
$109,890
Net Cashflow Before Tax
-$114,939
-$116,478
Depreciation
-
-
Tax Offset
-$34,482
-$34,943
Net Cashflow After Tax
-$80,457
-$81,534
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,665,000
$1,665,000
$471,000
$2,196,380
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
