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Withheld
$1,746
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$950,000
Low
$900,000
Confidence
Medium
Eaglewood Park covers about 800 acres of rich grazing land in a high-rainfall area, receiving around 850mm annually. The property blends modern farming with natural beauty, offering multiple water sources like creeks, spring-fed dams, and bores, supported by updated tank and trough systems for consistent water supply. The three-bedroom main residence is newly renovated, featuring fresh paint and flooring. Its fertile granitic soils, divided into 43 paddocks, are ideal for cattle or sheep farming. Enhanced infrastructure includes steel cattle yards and a large shearing shed. The property spans five titles, offers extensive road frontage, and reliable power access, presenting possible subdivision opportunities. Accessible via Creightons Creek Road and Killeens Hill Road, it's a choice spot for significant agricultural operations and future development.
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82.6%
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-
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Try Picki for FREE$15,000
-$25,626
2.8%
Asking Price
-
Estimated Purchase Price
$935,000
Stamp Duty
$51,170
Transfer Fee
$2,294
Conveyancing
$1,196
Deposit (10%)
$93,500
Reg. Mortgage
$129
LMI Premium
$26,660
Renovation Costs
-
Total Cash/Equity Required
$175,498
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,802
$2,351
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
$18,931
$27,545
Interest Repayments
$55,539
$55,539
Net Cashflow Before Tax
-$36,608
-$27,994
Depreciation
-
-
Tax Offset
-$10,982
-$8,398
Net Cashflow After Tax
-$25,626
-$19,596
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$841,500
$841,500
$173,100
$992,655
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 17.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Health Care and Social Assistance - 10.0%
Others - 50.0%
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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