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Withheld
$165,956
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,000,000
Medium
$920,000
Low
$850,000
Confidence
Not Found
Bungarra Tamleugh is a prime 557.6-acre farming property in Tamleugh, just minutes from Violet Town and a short drive to major towns and Melbourne. Owned by the Ellis family for over a century, this fertile land is perfect for cropping, livestock, or equine pursuits. The property includes a four-bedroom brick veneer home surrounded by parklike gardens, a lively bungalow, and extensive farm amenities. Equipped with modern comforts like split-system air conditioning, a security system, and a solar-equipped machinery shed, it's a blend of historical success and modern convenience.
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86.4%
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-
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Try Picki for FREE$35,000
-$40,583
-
Asking Price
-
Estimated Purchase Price
$885,000
Stamp Duty
$48,170
Transfer Fee
$2,177
Conveyancing
$1,196
Deposit (10%)
$88,500
Reg. Mortgage
$129
LMI Premium
$25,235
Renovation Costs
-
Total Cash/Equity Required
$165,956
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,142
$2,795
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
-$5,407
-$7,055
Interest Repayments
$52,569
$52,569
Net Cashflow Before Tax
-$57,976
-$59,624
Depreciation
-
-
Tax Offset
-$17,393
-$17,887
Net Cashflow After Tax
-$40,583
-$41,737
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$796,500
$796,500
$186,060
$979,735
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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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Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
