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Withheld
$133,511
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$725,000
Low
$650,000
Confidence
Medium
Discover Nioka, a premier 510-hectare lifestyle and productive agricultural property nestled in Northern Victoria's sought-after Greta West region. The estate boasts a charming circa 1910 five-bedroom homestead surrounded by established gardens, a modern kitchen, and a three-bedroom workers' cottage. With diverse agricultural capabilities, it supports sheep, beef, and cropping operations, underpinned by a robust water system and reliable annual rainfall. Operational features include a shearing shed, feedlot, machinery and hay sheds, and extensive silo storage. Strategically divided into 23 paddocks, it offers ease of access for livestock and machinery. Located near Benalla, Wangaratta, and Melbourne, Nioka combines agricultural versatility with rural charm.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
0%
93.2%
-
-
Unlock Property Investment Scores
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Try Picki for FREE$10,000
-$19,871
2.9%
Asking Price
-
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,850
$2,414
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
$14,083
$20,651
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$28,388
-$21,820
Depreciation
-
-
Tax Offset
-$8,516
-$6,546
Net Cashflow After Tax
-$19,871
-$15,274
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$643,500
$643,500
$130,800
$756,250
