$1.3M
$278,324
"Welcome to Karma Park Dunns Lane Creightons Creek Euroa Traditional weatherboard 4 bedroom home with large rooms everywhere plus the enclosed verandah on the northside making everyone nice and warm this time of the year, 2 bathrooms and a huge kitchen with large dining area. For those looking for a return asap there is the 2 bedroom cottage with 2 toilets and massive verandah overlooking the farm to the south and the Hills currently rented at 300 per week, we also have the old 2 bedroom shearers quarters that has had a recent freshen up with new kitchen dining area and laundrybathroom, study nook and large lounge area. Rented at 300 per week The farms water supply is from the Creightons Creek flows along northern boundary with our faithful well, 23ft deep and never pumped dry, 12 Meg water right 2 meg stock and domestic, 22,000 gallon rainwater storage, troughs to stock yards and dam water. Management ease for staff and animal well being at the fore most, day yards, foaling paddocks, horse shelters everywhere, practical laneways all running back to central infrastructure, wide lane ways, round yard, track access around entire boundary, water via troughs in every paddock and yards, two larger paddocks for lucerneoats. Main shedstable with concrete floor and power, steel and timber horse boxes, tie up area, staffmeeting amenities room. 10mtrs x 8mtrs x 3.5mtrs general purposemachinery shed plus machinerygeneral purpose shed, 2 car shed and further sundry shedding. Under 10 minutes from Euroa approx 1 12 hours to Melbourne. Please enjoy the video on our socials or emailtext and we will forward to you as this shows the farm qualities Owners are moving on to be closer to family and we are here to SELL"
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
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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price
-
82.6%
$795K
2.5%
$10,000
-$21,276
3.0%
2.1%
-14.4%
6.0%
Asking Price
-
Estimated Purchase Price
$790,000
Stamp Duty
$42,470
Transfer Fee
$1,954
Conveyancing
$1,196
Deposit (10%)
$79,000
Reg. Mortgage
$129
LMI Premium
$22,526
Renovation Costs
-
Total Cash/Equity Required
$147,825
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,531
$24,130
Interest Repayments
$46,926
$46,926
Net Cashflow Before Tax
-$30,395
-$22,796
Depreciation
-
-
Tax Offset
-$9,118
-$6,839
Net Cashflow After Tax
-$21,276
-$15,957
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$711,000
$711,000
$143,400
$833,552
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review