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Withheld
$194,339
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
Discover the unique opportunity at 150 Alexander Reef Road, Lockwood. This 79-acre property offers both agricultural potential and natural beauty, embodying the historic Goldfields Mohair Farm. With a 1975 brick veneer home, extensive infrastructure including a large factory, sheds, and meticulously fenced paddocks with water and shelter, the property invites diverse ventures. Ideal for renovators or those seeking a peaceful retreat, this property balances seclusion and accessibility to Bendigo, offering a rich blend of history and opportunity.
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87.3%
-
-
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Try Picki for FREE$15,000
-$28,039
2.8%
Asking Price
-
Estimated Purchase Price
$1,035,000
Stamp Duty
$56,925
Transfer Fee
$2,528
Conveyancing
$1,196
Deposit (10%)
$103,500
Reg. Mortgage
$129
LMI Premium
$29,512
Renovation Costs
-
Total Cash/Equity Required
$194,339
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
$61,479
$61,479
Net Cashflow Before Tax
-$40,056
-$30,398
Depreciation
-
-
Tax Offset
-$12,017
-$9,119
Net Cashflow After Tax
-$28,039
-$21,279
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$931,500
$931,500
$189,900
$1,095,724
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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
