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$1.5M
$284,926
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Medium
Nestled on 240 acres, Valley View on 794 Irvine Road, Thoona offers versatile land suitable for grazing and small cropping. The homestead features 5 spacious bedrooms, 2 bathrooms, and large living areas enhanced with gas and combustion cooking, wood heating, and advanced cooling systems. A converted barn style shed provides additional living space with 4 bedrooms and 1 bathroom, ideal for hosting guests. The property includes two additional 2-bedroom pods, an orchard with over 10 fruit types, multiple water tanks, and several sheds. Its elevated forestry land complements its spring-fed dams, ensuring a perfect environment for livestock. This property offers a remarkable lifestyle opportunity, characterized by its thoughtfully designed living spaces and impressive amenities.
Trusted by over 13k property buyers and counting...
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87.6%
$394K
7.9%
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Try Picki for FREE-$100,000
-$15,555
5.2%
Asking Price
$1,500,000
Estimated Purchase Price
$1,500,000
Stamp Duty
$82,500
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$150,000
Reg. Mortgage
$129
LMI Premium
$46,936
Renovation Costs
-
Total Cash/Equity Required
$284,926
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
$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
$66,879
$95,796
Interest Repayments
$89,100
$89,100
Net Cashflow Before Tax
-$22,221
$6,696
Depreciation
-
-
Tax Offset
-$6,666
$2,009
Net Cashflow After Tax
-$15,555
$4,687
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,350,000
$1,350,000
$145,200
$1,352,966
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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...
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projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
