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$1.15M
$240,598
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,220,000
Medium
$1,148,000
Low
$1,080,000
Confidence
Medium
Explore a unique opportunity in the heart of the King Valley Region with this 132-acre farming lifestyle property. The residence features four bedrooms, two bathrooms, and an open-plan living area. It boasts a renovated kitchen and energy-efficient comforts including a wood heater, split system air conditioner, and a 6 kW solar system. Water resources include rainwater tanks, a deep bore, and dam water for stock. Accompanying structures offer extensive space with a sizable workshop, open bay machinery shed, and a double garage with carport. The land includes both cleared grazing space and bushland adjacent to the state forest, making it perfect for those seeking tranquility and self-sufficiency.
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85.3%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$115,000
-$37,613
2.3%
Asking Price
$1,148,000
Estimated Purchase Price
$1,265,000
Stamp Duty
$69,575
Transfer Fee
$3,066
Conveyancing
$1,196
Deposit (10%)
$126,500
Reg. Mortgage
$129
LMI Premium
$39,582
Renovation Costs
-
Total Cash/Equity Required
$240,598
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
$1,725
$2,251
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
$21,408
$31,061
Interest Repayments
$75,141
$75,141
Net Cashflow Before Tax
-$53,733
-$44,080
Depreciation
-
-
Tax Offset
-$16,120
-$13,224
Net Cashflow After Tax
-$37,613
-$30,856
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,138,500
$1,138,500
$89,700
$1,081,793
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
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 Days of Supply
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Average Population
Sold Price
Asking Price
