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$299K
$56,261
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$300,000
Medium
$270,000
Low
$240,000
Confidence
Low
Explore 5 acres of picturesque land in the Lake Mokoan precinct of Chesney Vale, perfect for building your dream home (subject to council approval). This property offers stunning country views and is ideal for hobby farmers, families seeking a lifestyle retreat, or tradespeople. Situated near the Winton Wetlands, enjoy outdoor activities like bushwalking, camping, and cycling. With water and electricity services available, and fully fenced boundaries, this parcel provides both opportunity and convenience. Just a short drive from Benalla and Wangaratta, seize this chance to secure prime real estate.
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87.6%
$394K
7.9%
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Try Picki for FREE-$50,000
-$8,487
4.1%
Asking Price
$299,000
Estimated Purchase Price
$320,000
Stamp Duty
$14,270
Transfer Fee
$855
Conveyancing
$1,196
Deposit (10%)
$32,000
Reg. Mortgage
$129
LMI Premium
$5,468
Renovation Costs
-
Total Cash/Equity Required
$54,467
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,850
$2,414
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
$6,884
$10,404
Interest Repayments
$19,008
$19,008
Net Cashflow Before Tax
-$12,124
-$8,604
Depreciation
-
-
Tax Offset
-$3,637
-$2,581
Net Cashflow After Tax
-$8,487
-$6,023
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$288,360
$521,286
Loan Balance
I.O
$288,000
$288,000
$360
$233,286
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
