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$1.5M
-
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Try Picki for FREEConfidence
High
High
$1,650,000
Medium
$1,425,000
Low
$1,200,000
Confidence
Not Applicable
This expansive property spans 128.05 hectares or 316.4 acres, divided into two titles. It features a 2.5 Megaday Delivery Share and includes three outlets. The land is laser graded with a reuse dam in place, ensuring efficient water management. The property is well-fenced and identified as Kotta Irrigation country, making it ideal for agricultural use. Located just 20 minutes from Echuca, it offers a blend of rural lifestyle and accessibility.
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0%
67.5%
$800K
2.7%
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Try Picki for FREE$75,000
-$59,667
-
Asking Price
$1,500,000
Estimated Purchase Price
$1,350,000
Stamp Duty
$74,250
Transfer Fee
$3,265
Conveyancing
$1,196
Deposit (10%)
$135,000
Reg. Mortgage
$129
LMI Premium
$42,242
Renovation Costs
-
Total Cash/Equity Required
$256,631
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,784
$2,328
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
-$5,049
-$6,588
Interest Repayments
$80,190
$80,190
Net Cashflow Before Tax
-$85,239
-$86,778
Depreciation
-
-
Tax Offset
-$25,572
-$26,033
Net Cashflow After Tax
-$59,667
-$60,744
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,521,900
$2,751,233
Loan Balance
I.O
$1,215,000
$1,215,000
$306,900
$1,536,233
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 - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
