$950K
$196,197
"This approx. 5 acre lifestyle property is currently set up for sheep but allows the purchaser to live the rural lifestyle with their animals of choice. Split into 10 paddocks all with water, a 24m by 8m shed with power and water with stables in the rear, an additional 4 bay shed 12.4m by 6.2m, vegie gardens, fruit trees, chook house run and easy to maintain landscaped gardens surrounding the home. This property has all the infrastructure you need to just move in and live a the rural lifestyle you have been dreaming of. The home is surrounded by the most amazing rolling hill and farm land views and is positioned on the land to take advantage of the sun all day. A 4.8 kw solar system reducing the cost of those power bills. The home layout is ideal for a large family or a retiree wanting smaller land with space for the children and grandchildren to visit. An open plan kitchen dining and lounge area has large windows allowing plenty of natural light to flow through the home and has views of the rolling hill farmland surrounding the property. Three bedrooms off the main living area, a central bathroom with large bath tub, shower and toilet. A second living area has bay large window and makes a true parents retreat. And the master bedroom is extra large in size and has both a WIR and BIR and an ensuite with shower, vanity and toilet. Internal laundry leads to the rear patio, and the dining room opens onto a front patio allowing you to chase the sun deepening on the time of day. At the rear of the home is an enclosed entertainment area, ideal for BBQs, extra living space, with a in ground spa overlooking the stunning views. A rare opportunity to find a rural property that is so neat in this price range. Inspections must be prebooked. Contact our office to arrange a viewing."
Below are some similar properties in the area you may be interested in.
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79.5%
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$155,000
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3.8%
3.0%
-10.9%
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Asking Price
$950,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$56,100
Transfer Fee
$2,493
Conveyancing
$1,196
Deposit (10%)
$102,000
Reg. Mortgage
$129
LMI Premium
$29,084
Renovation Costs
-
Total Cash/Equity Required
$191,551
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$2,014
$2,628
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
$30,718
$44,347
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$29,870
-$16,241
Depreciation
-
-
Tax Offset
-$8,961
-$4,872
Net Cashflow After Tax
-$20,909
-$11,369
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,254,900
$2,268,561
Loan Balance
I.O
$918,000
$918,000
$336,900
$1,350,561
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 20.0%
Health Care and Social Assistance - 11.0%
Retail Trade - 9.0%
Manufacturing - 8.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price