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$1.3M
$278,324
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,200,000
Low
$1,040,000
Confidence
Medium
Located in the peaceful village of Bullarto, this expansive 20-hectare (approximately 50-acre) property boasts breathtaking panoramic views of landmarks like Mount Alexander, Mount Macedon Ranges, and Daylesford's Wombat Hill. The fertile volcanic soil is ideal for agriculture, supporting both cattle grazing and cropping. This rare rural offering is perfect for developing a country retreat, subject to council approval, and is conveniently located just 15 minutes from Daylesford and Trentham and a short 1 hour and 20 minutes drive from Melbourne's CBD. Buyers should verify all information independently.
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86.3%
$785K
3%
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Try Picki for FREE-$265,000
-$13,901
5.3%
Asking Price
$1,300,000
Estimated Purchase Price
$1,465,000
Stamp Duty
$80,575
Transfer Fee
$3,534
Conveyancing
$1,196
Deposit (10%)
$146,500
Reg. Mortgage
$129
LMI Premium
$45,840
Renovation Costs
-
Total Cash/Equity Required
$278,324
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
Rates
+3.0% PA
$1,566
$2,043
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
$67,163
$96,167
Interest Repayments
$87,021
$87,021
Net Cashflow Before Tax
-$19,858
$9,146
Depreciation
-
-
Tax Offset
-$5,957
$2,744
Net Cashflow After Tax
-$13,901
$6,402
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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
$1,318,500
$1,318,500
-$36,900
$998,328
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
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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Trusted by over 13,000 property buyers and counting...
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
