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$1.98M
$337,087
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Not Applicable
This remarkable Upotipotpon property, for sale for the first time in over 70 years, spans approximately 512 acres across five titles. It's an exceptional grazing opportunity with eight well-fenced paddocks, each equipped with dams, facilitating efficient livestock movement. The substantial three-bay shed and 37,000 liters of rainwater storage enhance functionality. With sweeping views of the Strathbogie Ranges, this location offers potential for an off-grid lifestyle or easy access to power. Conveniently located near Benalla, Violet Town, and a 40-minute drive to Shepparton, this property is ideal for expanding an existing enterprise or securing a farming future.
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92.3%
-
-
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Try Picki for FREE$175,000
-$79,668
-
Asking Price
$1,975,000
Estimated Purchase Price
$1,825,000
Stamp Duty
$100,375
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$182,500
Reg. Mortgage
$129
LMI Premium
$57,105
Renovation Costs
-
Total Cash/Equity Required
$345,470
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,407
-$7,055
Interest Repayments
$108,405
$108,405
Net Cashflow Before Tax
-$113,812
-$115,460
Depreciation
-
-
Tax Offset
-$34,144
-$34,638
Net Cashflow After Tax
-$79,668
-$80,822
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$1,642,500
$1,642,500
$493,500
$2,218,880
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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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
