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$1.35M
$231,166
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Not Applicable
Nestled in the scenic Greta Valley with stunning 15 Mile Creek frontage, this 12.45-hectare property serves as a tranquil retreat. Located at the end of a quiet lane, this custom-built iron and timber home offers three spacious bedrooms and multiple living areas. Key features include a large alfresco Redgum room, hydronic heating, and a kitchen with locally sourced timber and modern appliances. The property boasts two main paddocks, a horse arena, and a barn-style shed. Midway between Benalla and Wangaratta, this beautiful estate is perfect for those seeking rural splendor.
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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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
81.8%
-
-
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Try Picki for FREE$100,000
-$55,468
-
Asking Price
$1,350,000
Estimated Purchase Price
$1,250,000
Stamp Duty
$68,750
Transfer Fee
$3,031
Conveyancing
$1,196
Deposit (10%)
$125,000
Reg. Mortgage
$129
LMI Premium
$39,113
Renovation Costs
-
Total Cash/Equity Required
$237,768
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,990
-$6,511
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$79,240
-$80,761
Depreciation
-
-
Tax Offset
-$23,772
-$24,228
Net Cashflow After Tax
-$55,468
-$56,533
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,125,000
$1,125,000
$316,800
$1,481,431
