$1.25M
$214,189
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Nestled on 44 acres, this versatile rural estate boasts agricultural prospects with ample irrigation from a 4-megalitre dam and a well-designed layout for farming. Home highlights include a 5-bedroom, two-storey residence with modern comforts like new kitchen appliances, multiple living spaces, and climate control systems. Outdoor features offer entertainment with a pool and extensive storage. Conveniently located near Shepparton, Echuca, and Kyabram, it perfectly blends rural charm with modern luxury.
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73.6%
-
-
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Try Picki for FREE$45,000
-$24,681
3.6%
Asking Price
$1,250,000
Estimated Purchase Price
$1,155,000
Stamp Duty
$63,525
Transfer Fee
$2,808
Conveyancing
$1,196
Deposit (10%)
$115,500
Reg. Mortgage
$129
LMI Premium
$36,140
Renovation Costs
-
Total Cash/Equity Required
$219,848
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
$68,607
$68,607
Net Cashflow Before Tax
-$35,259
-$20,544
Depreciation
-
-
Tax Offset
-$10,578
-$6,163
Net Cashflow After Tax
-$24,681
-$14,381
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,039,500
$1,039,500
$242,100
$1,277,328
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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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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price