$1.2M
$220,791
"Discover the perfect setting for your sustainable lifestyle dream with this exceptional property CA 46 being part of 225 Wilsons Rd, Koorocheang just 20 minutes from Daylesford and 30 minutes from Ballarat. Spanning 72.07 hectares approximately 178 acres, the property has 2 long road frontages Wilsons Road and BlampiedKooroocheang Road. It includes 43.9 hectares approx 108.47 acres of bushland protected by a Trust for Nature covenant, with 28.17 hectares approx 69.60 acres of cleared pasture remaining outside this covenant. With a total area of over 100 acres and situated within Hepburn Shires Farm Zone, the propertys cleared land offers stunning panoramic views and allows for the development of a dwelling without a Planning Permit building permit requirements still apply. A picturesque creek is within the covenanted area, and there is a large stock dam on the cleared portion of the land. The bushland area with seasonal wildflowers is a safe haven for a great variety of native animals and birds, and by acquiring this property you will be contributing to the permanent protection of Victorias biodiversity. Access by arrangement only. Please contact Rae Corris 0408 358 772 for further information."
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91.7%
$1.63M
1.3%
$630,000
+
28.9%
26.3%
74.7%
6.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,170,000
Stamp Duty
$64,350
Transfer Fee
$2,844
Conveyancing
$1,196
Deposit (10%)
$117,000
Reg. Mortgage
$129
LMI Premium
$36,610
Renovation Costs
-
Total Cash/Equity Required
$222,678
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$338,000
$481,079
Property Management
+7.7% PA
$26,026
$37,043
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
$307,143
$437,733
Interest Repayments
$69,498
$69,498
Net Cashflow Before Tax
$237,645
$368,235
Depreciation
-
-
Tax Offset
$71,294
$110,470
Net Cashflow After Tax
$166,352
$257,764
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,053,000
$1,053,000
$869,400
$2,422,242
Did you know you need to engage a conveyancer when buying a property?
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price