Withheld
$76,362
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Noorilim is an iconic estate capturing the beauty and history of Australian architecture and agriculture. Nestled within Victoria’s picturesque landscape, this 75-hectare masterpiece houses an extraordinary Italianate mansion by architect James Gall. Its illustrious past includes ties to Melbourne Cup champions and the Gold Rush era wealth. Rich in tradition and elegance, with grand columns and expansive gardens, Noorilim offers luxury in every corner of its 20 intricately decorated rooms. The estate boasts extensive vineyards, a diverse array of flora and fauna, and ample historical structures. Noorilim provides a rare opportunity to experience timeless grandeur amidst natural splendor.
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77.5%
$1.45M
2.1%
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Try Picki for FREE$20,000
+
9.7%
Asking Price
-
Estimated Purchase Price
$430,000
Stamp Duty
$20,870
Transfer Fee
$1,112
Conveyancing
$1,196
Deposit (10%)
$43,000
Reg. Mortgage
$129
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$76,362
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$32,990
$47,596
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
$7,448
$22,054
Depreciation
-
-
Tax Offset
$2,234
$6,616
Net Cashflow After Tax
$5,213
$15,438
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$387,000
$387,000
$93,600
$481,810
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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)
No data available
Average Vacancy Rate
Average Days of Supply
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Average Population
Sold Price
Asking Price