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$450K
$69,906
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Not Found
Discover 107 acres of premium grazing land, efficiently segmented into three paddocks. The property boasts robust fencing, including an 800-meter Kangaroo-proof barrier along the South and Southwest edges. Water resources are well-distributed with a dam in the front block and reliable stock troughs in the remaining paddocks. It is zoned for farming, making it ideal for agricultural pursuits. Conveniently located 8.5 km down Tait Hamilton Road from the Heathcote-Rochester Road, this property lies opposite Kennedy Road.
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81.6%
-
-
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Try Picki for FREE$20,000
-$21,414
-
Asking Price
$450,000
Estimated Purchase Price
$430,000
Stamp Duty
$20,870
Transfer Fee
$1,112
Conveyancing
$1,196
Deposit (10%)
$43,000
Reg. Mortgage
$129
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$76,362
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,784
$2,328
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
-$5,049
-$6,588
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$30,591
-$32,130
Depreciation
-
-
Tax Offset
-$9,177
-$9,639
Net Cashflow After Tax
-$21,414
-$22,491
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$387,000
$387,000
$93,600
$481,810
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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)
No data available
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Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
