$1.6M
$334,293
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Medium
Discover a 177-acre property with three titles, offering a blend of agribusiness and comfortable living. The dairy farm supports 200 cows with a 14,000-liter vat, organized into 36 paddocks. Notable features include a 20 AS swing-over dairy, ample water resources with 7.9 meg liters and two delivery shares, and an efficient irrigation system. The farm infrastructure includes a machinery shed, hay shed, and an old piggery. A charming 4-bedroom home complements this setup, equipped with modern amenities, a cinema room, and an office. Enjoy leisure in the swim spa or the outdoor entertainment area. Located minutes from the Murray River and close to Gunbower township, this property blends convenience with rural charm.
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72%
-
-
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Try Picki for FREE-$100,000
-$47,343
2.5%
Asking Price
$1,600,000
Estimated Purchase Price
$1,700,000
Stamp Duty
$93,500
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$170,000
Reg. Mortgage
$129
LMI Premium
$53,194
Renovation Costs
-
Total Cash/Equity Required
$322,184
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,784
$2,328
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
$33,348
$48,063
Interest Repayments
$100,980
$100,980
Net Cashflow Before Tax
-$67,632
-$52,917
Depreciation
-
-
Tax Offset
-$20,290
-$15,875
Net Cashflow After Tax
-$47,343
-$37,042
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,530,000
$1,530,000
$178,800
$1,559,104
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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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