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Withheld
$1,746
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
561 Baddaginnie Road, once known as AList Stud, is a versatile equine facility ready to generate income immediately. Built in 2007, the homestead offers three bedrooms, an office, and open-plan living with a wraparound verandah. The property features advanced equine facilities, including a main barn with ten boxes, a full-sized dressage arena, and extensive water storage on 103 flat acres. Ideally located near major cities and Melbourne Airport, this property offers great potential for horse enthusiasts and investors.
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83.3%
$695K
3.4%
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Try Picki for FREE$5,000
-$9,317
4.4%
Asking Price
-
Estimated Purchase Price
$445,000
Stamp Duty
$21,770
Transfer Fee
$1,147
Conveyancing
$1,196
Deposit (10%)
$44,500
Reg. Mortgage
$129
LMI Premium
$9,837
Renovation Costs
-
Total Cash/Equity Required
$79,129
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,123
$19,285
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$13,310
-$7,148
Depreciation
-
-
Tax Offset
-$3,993
-$2,144
Net Cashflow After Tax
-$9,317
-$5,004
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Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$400,500
$400,500
$80,100
$468,310
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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
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
