$750K
$140,190
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$860,000
Medium
$820,000
Low
$780,000
Confidence
Medium
Explore 135 McMasters Road, Wahring, a unique equine haven just 2 hours from Melbourne. This property offers a meticulously designed horse facility featuring an 850m fast work track, 600m heavy sand track, multiple rubber-lined stables, and a sophisticated tack room with security features. The residence offers cozy living with two bedrooms and a studio. Enjoy comfort year-round with split system heating and cooling as well as a solid fuel heater. This well-fenced property, complete with paddocks and dams, is a potential equine paradise. Inspect to uncover the full potential.
Trusted by over 13k property buyers and counting...
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77.5%
$1.45M
2.1%
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Try Picki for FREE-$30,000
-$24,009
2.8%
Asking Price
$850,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,191
$23,686
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$34,299
-$26,804
Depreciation
-
-
Tax Offset
-$10,290
-$8,041
Net Cashflow After Tax
-$24,009
-$18,763
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$765,000
$765,000
$110,760
$818,166
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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...
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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Vacancy Rate
Average Days of Supply
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Sold Price
Asking Price