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$575K
$90,195
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$625,000
Medium
$575,000
Low
$525,000
Confidence
Medium
This unique bushland property, located 142 km from Melbourne, offers stunning views and proximity to cherished natural and cultural attractions. Surrounded by Heathcote's renowned wineries and scenic locations like Pink Cliffs Reserve and Lake Eppalock, this expansive site adjoins Redcastle State Forest, offering potential for STCA-approved dwelling. Home to a diverse array of flora and fauna, including significant conservation species, it embodies scenic and ecological value. Protected by a Trust for Nature covenant, it promises both unique living and safeguarding Australia's rich biodiversity.
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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)
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%
81.8%
-
-
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Try Picki for FREE$70,000
-$13,024
3.6%
Asking Price
$575,000
Estimated Purchase Price
$505,000
Stamp Duty
$25,370
Transfer Fee
$1,287
Conveyancing
$1,196
Deposit (10%)
$50,500
Reg. Mortgage
$129
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$90,195
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,392
$16,855
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$18,605
-$13,142
Depreciation
-
-
Tax Offset
-$5,582
-$3,943
Net Cashflow After Tax
-$13,024
-$9,200
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$454,500
$454,500
$159,600
$655,647
