Withheld
$291,446
"Imagine taking in breathtaking rural views and the fresh air of the Macedon Ranges every morning. This lovely 25 acre approx. parcel offers a unique opportunity STCA while enjoying all the benefits of a premium country location. The rectangular land parcel is approximately 200 meters wide by 497 meters deep, providing ample space STCA. Power is available to the property. Two dams provide a natural water source, while post and wire fencing secures the boundaries. The gently meandering land is adorned with gorgeous old gum trees, creating a picturesque and peaceful environment. This versatile property is suitable for a variety of pursuits and is zoned farming zone. Located near historic Pond Cottage and Glengrove Farm, this rare landholding offers you the chance to enjoy the peace and quiet of country living while still maintaining convenient access to vibrant towns and the city, within a 10minute drive of Kyneton and Woodend, and less than an hour from Melbournes CBD."
Below are some similar properties in the area you may be interested in.
-
93.2%
-
-
$1,420,000
+
86.7%
78.9%
286.6%
6.0%
Asking Price
$480,000
Estimated Purchase Price
$480,000
Stamp Duty
$23,870
Transfer Fee
$1,229
Conveyancing
$1,196
Deposit (10%)
$48,000
Reg. Mortgage
$129
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$85,584
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$416,000
$592,098
Property Management
+7.7% PA
$32,032
$45,592
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
$378,860
$539,841
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
$350,348
$511,329
Depreciation
-
-
Tax Offset
$105,104
$153,399
Net Cashflow After Tax
$245,244
$357,931
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,029,200
$3,668,311
Loan Balance
I.O
$432,000
$432,000
$1,597,200
$3,236,311
Did you know you need to engage a conveyancer when buying a property?
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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
Average Days of Supply