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$199K
$35,626
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Try Picki for FREEConfidence
High
High
$200,000
Medium
$185,000
Low
$170,000
Confidence
Not applicable
This property, nestled in the goldfields region between Maryborough and Dunolly, acts as a quiet sanctuary surrounded by nature. With a farming zone classification, it features a fully fenced area with an established dam attracting wildlife. It promises tranquility away from traffic and offers activities like stargazing and trail riding. While ideal for recreational use, building a dwelling on this land may not be feasible due to bushfire management constraints and lack of main road access. Nevertheless, it includes a secure lock-up shed and ample parking, making it a perfect spot for frequent explorers of the historic goldfields.
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89.1%
$149K
16.1%
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Try Picki for FREE-$15,000
-$11,803
-
Asking Price
$199,000
Estimated Purchase Price
$205,000
Stamp Duty
$7,370
Transfer Fee
$585
Conveyancing
$1,196
Deposit (10%)
$20,500
Reg. Mortgage
$129
LMI Premium
$3,503
Renovation Costs
-
Total Cash/Equity Required
$33,833
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,419
$1,851
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
-$4,684
-$6,112
Interest Repayments
$12,177
$12,177
Net Cashflow Before Tax
-$16,861
-$18,289
Depreciation
-
-
Tax Offset
-$5,058
-$5,487
Net Cashflow After Tax
-$11,803
-$12,802
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Year 1
Year 10
Property Value
6.8%
$202,920
$366,831
Loan Balance
I.O
$184,500
$184,500
$18,420
$182,331
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Manufacturing - 13.0%
Education and Training - 9.0%
Others - 47.0%
Average Income
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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
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Monthly % 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
