$4.5M
$957,128
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$2,000,000
Medium
$1,800,000
Low
$1,600,000
Confidence
Low
The Poplars is a 217-acre farm consisting of two separate titles ideal for farming and lifestyle enthusiasts. It includes a charming, over 100-year-old homestead with character features like original fireplaces and Baltic pine floors. It offers extensive infrastructure for livestock management, including various sheds, cattle yards, and a consistent water supply from three dams and two bores. The property is conveniently located with quick access to Pakenham and Lang Lang.
Trusted by over 13k property buyers and counting...
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72.6%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$3,040,000
-$204,730
-
Asking Price
$4,500,000
Estimated Purchase Price
$4,840,000
Stamp Duty
$294,600
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$484,000
Reg. Mortgage
$129
LMI Premium
$151,446
Renovation Costs
-
Total Cash/Equity Required
$935,536
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,711
$2,232
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
-$4,976
-$6,493
Interest Repayments
$287,496
$287,496
Net Cashflow Before Tax
-$292,472
-$293,989
Depreciation
-
-
Tax Offset
-$87,742
-$88,197
Net Cashflow After Tax
-$204,730
-$205,792
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$4,356,000
$4,356,000
-$2,433,600
-$880,758
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2021 Population
Suburbs
Retail Trade - 13.0%
Construction - 13.0%
Education and Training - 11.0%
Health Care and Social Assistance - 10.0%
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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Asking Price