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$895K
$188,763
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium to High
High
$620,000
Medium
$570,000
Low
$520,000
Confidence
Medium
Explore an exceptional, older-style home set on 26 acres of fertile land by the scenic Gunbower Lagoon. This property perfectly blends holiday charm and potential for permanent residence. With comfortable sleeping for 16 and ample camping space, it's ideal for family getaways. Enjoy fishing, swimming, and proximity to nature's wonders, including the nearby Murray River. Embrace the tranquility, lush fruit trees, and sweeping vistas. Positioned near Gunbower and Echuca, it's a gateway to adventure or a peaceful rural lifestyle, and an enticing prospect for a glamping business.
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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 - 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...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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%
72%
-
-
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Try Picki for FREE-$615,000
-$37,016
2.1%
Asking Price
$1,100,000
Estimated Purchase Price
$1,185,000
Stamp Duty
$65,175
Transfer Fee
$2,879
Conveyancing
$1,196
Deposit (10%)
$118,500
Reg. Mortgage
$129
LMI Premium
$37,079
Renovation Costs
-
Total Cash/Equity Required
$225,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,440
$34,786
Property Management
+7.7% PA
$1,882
$2,679
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
$17,509
$25,519
Interest Repayments
$70,389
$70,389
Net Cashflow Before Tax
-$52,880
-$44,870
Depreciation
-
-
Tax Offset
-$15,864
-$13,461
Net Cashflow After Tax
-$37,016
-$31,409
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$1,066,500
$1,066,500
-$457,740
$33,993
