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$1.59M
$301,692
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,590,000
Low
$1,400,000
Confidence
Medium
Discover a spacious 61.6 hectares of prime agricultural land featuring lasered paddocks, tree-lined laneways, and productive soil types. The property is equipped with modern amenities: steel stock yards, a large reuse dam, and a domestic supply system. It boasts a charming homestead with three bedrooms, a study, two living areas, and a well-appointed kitchen. Comfort is ensured with wood heating, split systems, and ceiling fans. Enjoy the large verandah, lush lawns, and multiple entertaining areas. Essential infrastructure includes a 5KW solar power system, ample shedding, and easy proximity to Shepparton and Melbourne.
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76.8%
-
-
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-$42,769
2.6%
Asking Price
$1,590,000
Estimated Purchase Price
$1,590,000
Stamp Duty
$87,450
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$159,000
Reg. Mortgage
$129
LMI Premium
$49,752
Renovation Costs
-
Total Cash/Equity Required
$301,692
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$33,348
$48,063
Interest Repayments
$94,446
$94,446
Net Cashflow Before Tax
-$61,098
-$46,383
Depreciation
-
-
Tax Offset
-$18,329
-$13,915
Net Cashflow After Tax
-$42,769
-$32,468
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,698,120
$3,069,797
Loan Balance
I.O
$1,431,000
$1,431,000
$267,120
$1,638,797
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
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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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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 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
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