$910K
$192,480
"Nestled amongst the rolling hills of South Gippsland in the most beautiful rural surroundings, the historic farmhouse at Peppercorncreek awaits its next chapter. Spanning a generous 3.1 acres, this property is the embodiment of timeless elegance combined with modern amenities. Admire the surrounding landscape from the expansive 2.8m wraparound verandah or cozy up next to the Coonara fireplace on cooler evenings. The countrystyle kitchen, complete with premium Smeg appliances and a potbelly stove, seamlessly integrates modern luxury with the farmhouses original charm. Gleaming original polished floorboards complement the quality soft furnishings throughout. There are three spacious bedrooms on offer, each showcasing high ceilings and classic picture rails, with the master bedroom showcasing northfacing views. The modern family bathroom has been upgraded with a walkin shower, frameless glass screen and separate toilet. Venture outside to the meticulously curated grounds, flourishing with extensive cottage gardens, thriving fruit trees, raised vegetable beds, and a dedicated chook house. For those with a vision of sustainable living, a large paddock awaits, ideal for a few horses or cattle, complemented by a historic dairy, workshop, cattle yards, and a loading race. The covered entertaining area at the rear is the perfect spot for gatherings, offering a serene backdrop of natures beauty. Bask in complete privacy, enveloped in the serenity of nature, with the soothing calls of native birds, including the iconic Kookaburra. With impressive views at every turn and an unparalleled sense of peace, Peppercorn Creek is truly a rare gem in Poowong and should be first on your list to inspect Looking to buy, sell or rent in South Gippsland Get in touch with your expert team today and call Jack Gilchrist on 0411 181 577 or Jassy Batrouney on 0428 294 388 or pop into our office at 84349 Little Commercial Street, Korumburra. Note Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters."
Below are some similar properties in the area you may be interested in.
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81.8%
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-$765,000
-$35,564
1.6%
1.0%
-18.5%
6.0%
Asking Price
$910,000
Estimated Purchase Price
$1,025,000
Stamp Duty
$56,375
Transfer Fee
$2,504
Conveyancing
$1,196
Deposit (10%)
$102,500
Reg. Mortgage
$129
LMI Premium
$29,227
Renovation Costs
-
Total Cash/Equity Required
$192,480
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$16,640
$23,684
Property Management
+7.7% PA
$1,281
$1,824
Rates
+3.0% PA
$2,014
$2,628
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
$10,080
$14,972
Interest Repayments
$60,885
$60,885
Net Cashflow Before Tax
-$50,805
-$45,913
Depreciation
-
-
Tax Offset
-$15,242
-$13,774
Net Cashflow After Tax
-$35,564
-$32,139
Assumptions
Year 1
Year 10
Property Value
6.8%
$277,680
$501,979
Loan Balance
I.O
$922,500
$922,500
-$644,820
-$420,521
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price