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$860K
$170,727
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$920,000
Low
$840,000
Confidence
High
Step into this expansive 4-bedroom home, where the master suite includes an ensuite, and explore spacious bedrooms equipped with built-in storage. Experience the heart of the home, centered around a spacious open plan living area and an impressive kitchen. With a sprawling 4.006 hectares (9.898 acres) ideal for horse enthusiasts or those yearning for space, this property offers a rare rural opportunity. Just a short drive to Cobram, a dynamic rural town, the property benefits from stock and domestic supply for the gardens and a reliable bore system for the home. Due diligence is encouraged to verify details.
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78.2%
$553K
247.2%
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Try Picki for FREE-$20,000
-$25,071
2.9%
Asking Price
$920,000
Estimated Purchase Price
$940,000
Stamp Duty
$51,470
Transfer Fee
$2,305
Conveyancing
$1,196
Deposit (10%)
$94,000
Reg. Mortgage
$129
LMI Premium
$26,803
Renovation Costs
-
Total Cash/Equity Required
$176,453
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,673
$2,183
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
$20,020
$29,080
Interest Repayments
$55,836
$55,836
Net Cashflow Before Tax
-$35,816
-$26,756
Depreciation
-
-
Tax Offset
-$10,745
-$8,027
Net Cashflow After Tax
-$25,071
-$18,729
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Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$846,000
$846,000
$136,560
$930,235
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 11.0%
Others - 45.0%
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
