$1.35M
$231,166
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Try Picki for FREEConfidence
Medium
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Low
Discover a stunning 50-acre property, just 2 hours from Melbourne and central to Mansfield, Benalla, Shepparton, and Seymour. The renovated double brick house boasts modern amenities including a solar system, induction kitchen, and polished timber floors. With three spacious bedrooms, a covered deck, and a ducted heating/cooling system, the property offers year-round comfort. Outdoors, enjoy abundant gardens, water features, and paddocks. Ideal for agriculture or leisure, this versatile estate provides serene living with modern conveniences and access to local attractions.
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87.8%
-
-
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-$28,882
3.3%
Asking Price
$1,350,000
Estimated Purchase Price
$1,250,000
Stamp Duty
$68,750
Transfer Fee
$3,031
Conveyancing
$1,196
Deposit (10%)
$125,000
Reg. Mortgage
$129
LMI Premium
$39,113
Renovation Costs
-
Total Cash/Equity Required
$237,768
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$32,990
$47,596
Interest Repayments
$74,250
$74,250
Net Cashflow Before Tax
-$41,260
-$26,654
Depreciation
-
-
Tax Offset
-$12,378
-$7,996
Net Cashflow After Tax
-$28,882
-$18,658
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,125,000
$1,125,000
$210,000
$1,288,362
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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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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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