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$1.7M
$290,515
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Not Found
Discover an expansive 215-acre dairy farm situated west of Lockington, perfect for agricultural pursuits or rural living. The estate includes two residences: the West House, offering cozy 2-bedroom comfort with a modern kitchen and split system climate control, and the East House, a 3-bedroom retreat with built-in wardrobes and gas heating. Equipped with cutting-edge farming facilities like a 20 double-up dairy with automated systems, a 9700-liter vat, and a solar-powered setup, the property is primed for efficiency. Water resources are abundant with two GMW outlets and multiple bores, plus plenty of storage in various sheds. Ideal for farming or tranquil rural life.
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80.5%
-
-
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Try Picki for FREE-$25,000
-$69,023
-
Asking Price
$1,700,000
Estimated Purchase Price
$1,575,000
Stamp Duty
$86,625
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$157,500
Reg. Mortgage
$129
LMI Premium
$49,282
Renovation Costs
-
Total Cash/Equity Required
$298,898
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,049
-$6,588
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$98,604
-$100,143
Depreciation
-
-
Tax Offset
-$29,581
-$30,043
Net Cashflow After Tax
-$69,023
-$70,100
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,417,500
$1,417,500
$237,900
$1,575,069
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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...
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
