$900K
$147,825
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Try Picki for FREEConfidence
High
High
$1,080,000
Medium
$950,000
Low
$820,000
Confidence
Medium
Discover a rare opportunity with this appealing 145.9-acre property in the beautiful Ruffy tablelands. Held by one family since 1881, it's an ideal landscape for building your dream home. Experience gentle undulations to rising landscapes, divided into five main paddocks with sown pastures and reliable spring water. Marvel at the 360-degree views of the Ruffy district and Strathbogie ranges from the elevated site, perfect for grazing sheep. The property features age-old shade trees and native plantations amidst granite boulders. It boasts a reliable water supply with two spring-fed dams and a permanent creek gully. Conveniently located near Ruffy township, it's only a short drive to Euroa, Hume Freeway, Alexandra, or Yea. Secure a piece of history with a blend of stunning landscape, reliable water, and a proven farming background.
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 17.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Health Care and Social Assistance - 10.0%
Others - 50.0%
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%
82.6%
-
-
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Try Picki for FREE$70,000
+
7.1%
Asking Price
$950,000
Estimated Purchase Price
$880,000
Stamp Duty
$47,870
Transfer Fee
$2,165
Conveyancing
$1,196
Deposit (10%)
$88,000
Reg. Mortgage
$129
LMI Premium
$25,092
Renovation Costs
-
Total Cash/Equity Required
$165,001
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,802
$2,351
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
$52,528
$75,365
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
$256
$23,093
Depreciation
-
-
Tax Offset
$77
$6,928
Net Cashflow After Tax
$179
$16,165
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$792,000
$792,000
$222,600
$1,042,155