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$975K
$165,001
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Medium
Experience rural serenity with this character-filled farmhouse on 19 acres in Scotsburn. Just minutes from Buninyong and Ballarat, this farmhouse offers a tranquil lifestyle with stunning views of Mt Buninyong. This spacious home features a large updated kitchen, five bedrooms or four plus a study, and three bathrooms, including an accessible one. A large rumpus room, air conditioning, ducted gas heating, and multiple fireplaces provide comfort. Outdoors, enjoy expansive storage with five outbuildings, a workshop, and a sizeable fenced yard. With ample water supply from four tanks and two dams, it's perfect for a hobby farm or peaceful living. Within close proximity to schools and shops, this retreat promises a blend of seclusion and convenience.
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85%
$523K
6.5%
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Try Picki for FREE$25,000
-$20,783
3.5%
Asking Price
$975,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,763
$2,300
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
$23,770
$34,428
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$29,690
-$19,032
Depreciation
-
-
Tax Offset
-$8,907
-$5,710
Net Cashflow After Tax
-$20,783
-$13,323
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$810,000
$810,000
$177,900
$975,888
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2021 Population
Suburbs
Education and Training - 12.0%
Health Care and Social Assistance - 12.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 10.0%
Others - 56.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
