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$790K
$135,419
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$810,000
Low
$730,000
Confidence
Medium
This rural property offers a unique opportunity, available for only the second time in 50 years. Set amidst beautiful treed paddocks, it boasts stunning views of the Strathbogie Ranges and is ideally suited for livestock or equestrian interests. The land features improved pastures, mature trees, reliable water sources, and newly installed fencing. The property includes extensive infrastructure such as sheds, stables, and a renovated country home equipped with modern amenities. With its tranquil setting and proximity to Violet Town and Shepparton, it represents a blend of peace, productivity, and community.
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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...
Try Picki for FREEAverage Population
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
0%
92.3%
-
-
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Try Picki for FREE$60,000
-$19,851
3.1%
Asking Price
$790,000
Estimated Purchase Price
$750,000
Stamp Duty
$40,070
Transfer Fee
$1,861
Conveyancing
$1,196
Deposit (10%)
$75,000
Reg. Mortgage
$129
LMI Premium
$21,385
Renovation Costs
-
Total Cash/Equity Required
$140,190
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,191
$23,686
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$28,359
-$20,864
Depreciation
-
-
Tax Offset
-$8,508
-$6,259
Net Cashflow After Tax
-$19,851
-$14,605
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$675,000
$675,000
$190,080
$888,859
