Withheld
$179,315
"Welcome to this stunning 132 acre property located at 381 BolindaDarra Weit Road in Bolinda. This property has spacious house features 4 bedrooms, 2 bathrooms, and a massive garage with space for 5 vehicles. The property boasts a beautiful Landscape and Set up for Horse Training. Whether youre looking for a peaceful retreat or Property with future Potential, this property has it all. The current house has a very good Rental Potential. The neighbourhood is quiet and serene, offering a peaceful escape from the hustle and bustle of city life. Dont miss out on this unique opportunity which has a future potential and horse set up. Contact us today for more information and to schedule a viewing. There are some features are mentioned below 3 Sheds ,15 Stables and 18 shelters 1200meter fast track and another 1100meter jog track for the horse Separate 30 paddocks Fully electrified fencing and pasture including dam Bore and multiple water tanks 200,000 litres of water capacity 4 Bedroom house Please contact Rupinder Sidhu on 0452513137 or Harsimrat Gill on 0432 710 178 to discuss about the property. DISCLAIMER All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an uptodate copy of the Due Diligence Check List httpwww.consumer.vic.gov.auduediligencechecklist"
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
-
73.8%
$750K
4.3%
$60,000
-$41,804
2.5%
1.9%
-14.8%
6.0%
Asking Price
-
Estimated Purchase Price
$1,485,000
Stamp Duty
$81,675
Transfer Fee
$3,581
Conveyancing
$1,196
Deposit (10%)
$148,500
Reg. Mortgage
$129
LMI Premium
$46,466
Renovation Costs
-
Total Cash/Equity Required
$282,096
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,843
$2,405
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
$28,489
$41,155
Interest Repayments
$88,209
$88,209
Net Cashflow Before Tax
-$59,720
-$47,054
Depreciation
-
-
Tax Offset
-$17,916
-$14,116
Net Cashflow After Tax
-$41,804
-$32,938
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,650,060
$2,982,916
Loan Balance
I.O
$1,336,500
$1,336,500
$313,560
$1,646,416
Did you know you need to engage a conveyancer when buying a property?
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