The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$2M
$377,140
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$2,000,000
Medium
$1,800,000
Low
$1,600,000
Confidence
Not Found
Myimbarr Farm offers a unique chance to own a 50.70-acre slice of rural paradise. The property, with picturesque views of Mt. Franklin, features a solid Castlemaine stone home built in the 1970s. This three-bedroom, one-bathroom home boasts spacious living with a rustic kitchen, and several outdoor patios. The farm is well-equipped for hobby farming or livestock breeding with extensive shedding, well-kept paddocks, and ample water supply. Additional highlights include wood fires, a split system, and an infrared sauna. Located near Daylesford and Castlemaine, it promises a serene, rural lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
91.7%
$1.63M
1.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$195,000
-$86,334
-
Asking Price
$1,995,000
Estimated Purchase Price
$1,995,000
Stamp Duty
$109,725
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$199,500
Reg. Mortgage
$129
LMI Premium
$62,424
Renovation Costs
-
Total Cash/Equity Required
$377,140
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$118,503
$118,503
Net Cashflow Before Tax
-$123,334
-$124,806
Depreciation
-
-
Tax Offset
-$37,000
-$37,442
Net Cashflow After Tax
-$86,334
-$87,364
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,795,500
$1,795,500
$126,900
$1,679,742
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
