$1.3M
$217,019
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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,200,000
Low
$1,040,000
Confidence
Not Applicable
This sprawling 452-acre property on the scenic slopes of the Mt Camel range offers agricultural potential and leisure opportunities. With 130 workable acres, two large dams, natural springs, and well-equipped sheep yards, it's primed for livestock and cultivation. Its rich loam soil supports diverse agricultural ventures, and scenic views enhance its appeal for lifestyle buyers. Located 35 minutes from Bendigo and 2 hours from Melbourne, it offers rural serenity with urban convenience. Potential home sites await development, promising a perfect blend of country living and agribusiness.
Trusted by over 13k property buyers and counting...
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81.6%
-
-
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Try Picki for FREE$60,000
-$50,936
-
Asking Price
$1,300,000
Estimated Purchase Price
$1,140,000
Stamp Duty
$62,700
Transfer Fee
$2,773
Conveyancing
$1,196
Deposit (10%)
$114,000
Reg. Mortgage
$129
LMI Premium
$35,671
Renovation Costs
-
Total Cash/Equity Required
$217,019
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
$67,716
$67,716
Net Cashflow Before Tax
-$72,765
-$74,304
Depreciation
-
-
Tax Offset
-$21,830
-$22,291
Net Cashflow After Tax
-$50,936
-$52,013
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,026,000
$1,026,000
$255,600
$1,290,828
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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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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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