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$1.39M
$263,233
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Try Picki for FREEConfidence
Medium
High
$1,080,000
Medium
$1,000,000
Low
$920,000
Confidence
High
This expansive 12.60-hectare (31-acre) property offers a combination of fertile land and functional infrastructure. The estate includes two paddocks with substantial water licenses: a 100 ML bore license and a 21.5 ML Coliban water license, ideal for agricultural ventures. The steel-framed brick veneer homestead offers three bedrooms, featuring a main with a walk-in robe and others with built-in robes. The home is equipped with a gas stovetop, electric oven, ducted heating and cooling, and amenities such as a bathroom with a shower, bath, and separate toilet. Additional structures include a separate bungalow, carport, lockup garage, and three sheds previously used for broilers, plus a control room. The versatile land is suitable for various forms of agriculture and is supported by quality storage facilities, including a 6-bay steel-timber constructed shed and six 32,000-liter poly tanks. A generator shed houses a 121 Kw Perkins Diesel generator, ensuring uninterrupted power supply.
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87.3%
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-
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Try Picki for FREE$15,000
-$25,960
2.9%
Asking Price
-
Estimated Purchase Price
$985,000
Stamp Duty
$54,175
Transfer Fee
$2,411
Conveyancing
$1,196
Deposit (10%)
$98,500
Reg. Mortgage
$129
LMI Premium
$28,086
Renovation Costs
-
Total Cash/Equity Required
$185,046
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,710
$2,231
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
$21,423
$31,081
Interest Repayments
$58,509
$58,509
Net Cashflow Before Tax
-$37,086
-$27,428
Depreciation
-
-
Tax Offset
-$11,126
-$8,228
Net Cashflow After Tax
-$25,960
-$19,200
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$886,500
$886,500
$181,500
$1,044,190
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 53.0%
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
