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$1.25M
$262,290
Unlock Appraised Value
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Try Picki for FREEConfidence
80%
High
$1,250,000
Medium
$1,100,000
Low
$950,000
Confidence
70%
Discover a stunning 4-bedroom homestead north of Gunbower, perfect for agricultural and equestrian enthusiasts. Enjoy the modern conveniences with a 65hp irrigation system pumping from the Upper Gunbower Creek, supporting 14 hectares of fertile land. The expansive property features a wraparound veranda, enclosed entertaining area, and an energy-efficient 22kw solar system. Immerse yourself in nature with lush gardens, a thriving orchard, and abundant wildlife habitats. Huge storage, horse facilities, and new cattle yards add versatility. 12.7 hectares of picturesque leasehold land complete this idyllic rural setting, ready for your vision.
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72%
-
-
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Try Picki for FREE-$280,000
-$34,037
3.0%
Asking Price
$1,250,000
Estimated Purchase Price
$1,380,000
Stamp Duty
$75,900
Transfer Fee
$3,335
Conveyancing
$1,196
Deposit (10%)
$138,000
Reg. Mortgage
$129
LMI Premium
$43,181
Renovation Costs
-
Total Cash/Equity Required
$262,290
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
$81,972
$81,972
Net Cashflow Before Tax
-$48,624
-$33,909
Depreciation
-
-
Tax Offset
-$14,587
-$10,173
Net Cashflow After Tax
-$34,037
-$23,736
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$1,242,000
$1,242,000
-$67,200
$881,759
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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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Population
Sold Price
Asking Price
