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$1.4M
$265,120
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
Low
Discover a versatile 230-acre farming property at Lots 71, 75, and 76 Hanlon Rd, Goomalibee. Located a short drive from Benalla and Shepparton, this land boasts water security and prime farming potential. Featuring licensed water access from the Broken River and 24 hectares of laser-levelled irrigation bays, this property is perfect for cropping or grazing. Rich loamy soils support diverse vegetation, and modern water infrastructure includes a new diesel pump, solar pump, and extensive tank system for effective water distribution. The land's secure fencing and numerous paddocks enhance grazing rotation opportunities. Picturesque views, mature gum trees, and a seasonal creek add natural beauty to this productive locale in a prime farming district.
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83.3%
$695K
3.4%
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Try Picki for FREE-$95,000
-$65,743
-
Asking Price
$1,495,000
Estimated Purchase Price
$1,495,000
Stamp Duty
$82,225
Transfer Fee
$3,604
Conveyancing
$1,196
Deposit (10%)
$149,500
Reg. Mortgage
$129
LMI Premium
$46,779
Renovation Costs
-
Total Cash/Equity Required
$283,983
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,115
-$6,674
Interest Repayments
$88,803
$88,803
Net Cashflow Before Tax
-$93,918
-$95,477
Depreciation
-
-
Tax Offset
-$28,175
-$28,643
Net Cashflow After Tax
-$65,743
-$66,834
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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
$1,345,500
$1,345,500
$149,700
$1,357,466
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Population
Sold Price
Asking Price
