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$1.1M
$206,419
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
This expansive 140-acre property offers a desirable escape to country life with a modern 2-story house. The home includes 4 bedrooms, newly renovated interiors, a large timber veranda, and stunning views of the plains and grasslands. Features like a bar area, billiard room, separate living and dining spaces, and a well-equipped open-plan kitchen enhance the living experience. With wood heating and evaporative cooling, the home ensures year-round comfort. The farm includes 3 dams, a creek irrigation channel, fertile loamy soils, and a 2ML water license. Proximity to Benalla and Shepparton adds convenience to its rural charm.
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83.3%
$695K
3.4%
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Try Picki for FREE-$50,000
-$30,840
2.6%
Asking Price
$1,100,000
Estimated Purchase Price
$1,100,000
Stamp Duty
$60,500
Transfer Fee
$2,680
Conveyancing
$1,196
Deposit (10%)
$110,000
Reg. Mortgage
$129
LMI Premium
$31,365
Renovation Costs
-
Total Cash/Equity Required
$206,419
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,283
$30,898
Interest Repayments
$65,340
$65,340
Net Cashflow Before Tax
-$44,057
-$34,442
Depreciation
-
-
Tax Offset
-$13,217
-$10,332
Net Cashflow After Tax
-$30,840
-$24,109
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$990,000
$990,000
$131,400
$1,037,224
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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...
Try Picki for FREEAverage Population
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
