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Withheld
$1,746
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Medium
Discover a unique opportunity with this 412-acre lifestyle property on Horse Gully Rd, Balmattum. Boasting 360-degree elevated views, the land is perfect for grazing, adorned with rocky outcrops, red gums, and abundant natural springs. Ideal for nature lovers, it offers potential house sites, subject to council approval, amidst its stunning landscape rich with wildlife. This property, available for the first time in over 60 years, is a rare find in the historic Strathbogie Ranges, renowned for its prestigious merino and stud operations.
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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
Average Vacancy Rate
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%
83.6%
-
-
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Try Picki for FREE$15,000
+
8.6%
Asking Price
-
Estimated Purchase Price
$910,000
Stamp Duty
$49,670
Transfer Fee
$2,235
Conveyancing
$1,196
Deposit (10%)
$91,000
Reg. Mortgage
$129
LMI Premium
$25,948
Renovation Costs
-
Total Cash/Equity Required
$170,727
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$66,587
$95,415
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
$12,533
$41,361
Depreciation
-
-
Tax Offset
$3,760
$12,408
Net Cashflow After Tax
$8,773
$28,953
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$819,000
$819,000
$168,900
$966,888
