$1.45M
$302,624
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
Discover luxury living on this expansive 56-acre property featuring a three-bedroom double brick rendered home. The house boasts a seamless wraparound tiled verandah and a spacious open-plan kitchen, living, and dining area with contemporary polished concrete floors. Sunlight fills the kitchen, adorned with Italian granite benchtops, offering a perfect blend of functionality and style. From the elevated gardens, enjoy sweeping panoramic views and relax by the inground salt-chlorinated pool with a sundeck. Benefit from an exceptional water supply with an irrigation license from Lake Mokoan. The estate also hosts extensive fruit orchards and vegetable gardens, catering to a sustainable organic lifestyle, while avocado and olive orchards provide income-earning potential. Perfectly positioned minutes from Mokoan Hub Café and the scenic Wetland, with easy access to the Glenrowan gourmet wine region, this property presents an idyllic blend of luxury and nature.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
87.6%
$394K
7.9%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$210,000
-$28,129
4.0%
Asking Price
$1,450,000
Estimated Purchase Price
$1,560,000
Stamp Duty
$85,800
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$156,000
Reg. Mortgage
$129
LMI Premium
$48,813
Renovation Costs
-
Total Cash/Equity Required
$296,104
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,480
$75,302
Interest Repayments
$92,664
$92,664
Net Cashflow Before Tax
-$40,184
-$17,362
Depreciation
-
-
Tax Offset
-$12,055
-$5,209
Net Cashflow After Tax
-$28,129
-$12,153
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,404,000
$1,404,000
$37,800
$1,202,431
Below are some similar properties in the area you may be interested in.
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
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 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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price