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Withheld
$23,964
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Try Picki for FREEConfidence
Medium
High
$180,000
Medium
$150,000
Low
$120,000
Confidence
Low
Explore this exquisite 1870s cottage set on 65 scenic acres with the charming Burnt Creek running through. Located just 1.5 hours from Melbourne, this fully renovated Victorian home offers a perfect blend of history and comfort. Featuring three certificates of title, the residence boasts 3.5-meter high ceilings, polished timber floors, and modern amenities like solar panels and hydronic heating. Culinary enthusiasts will love the galley kitchen with its old-world charm paired with updated appliances. The grounds are thoughtfully designed with native Australian flora and include a kitchen garden, courtyard, and fire pit. A 5-acre organically cultivated vineyard produces a diverse range of grapes, complemented by three fenced paddocks for rotational grazing, two dams, and a bore. The property comes with a purpose-built winery, a private access driveway, and stunning views of the Strathbogie Ranges, ensuring peace, privacy, and proximity to nearby towns and schools. This rural retreat offers a unique lifestyle opportunity to embrace both past charm and modern comforts.
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72%
-
-
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Try Picki for FREE$130,000
+
65.0%
Asking Price
$17,000
Estimated Purchase Price
$20,000
Stamp Duty
$280
Transfer Fee
$153
Conveyancing
$1,196
Deposit (10%)
$2,000
Reg. Mortgage
$129
LMI Premium
$342
Renovation Costs
-
Total Cash/Equity Required
$4,649
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,805
$2,355
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
$6,929
$10,463
Interest Repayments
$1,188
$1,188
Net Cashflow Before Tax
$5,741
$9,275
Depreciation
-
-
Tax Offset
$1,722
$2,783
Net Cashflow After Tax
$4,019
$6,493
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$160,200
$289,603
Loan Balance
I.O
$18,000
$18,000
$142,200
$271,603
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
Average Income
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projected
for 2024 to 2026
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
