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$400K
$78,206
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Low
This is a 34.34ha (84.8 acres) rural haven, ideal for agricultural enthusiasts or those seeking recreation. Meticulously maintained, it features two main paddocks and ample water supply via two reliable dams. Existing infrastructure includes a fenced area with vehicle covers and shipping containers, adding shelter options. Zoned as Farming, it requires a planning permit for dwelling construction. Located confidently within reach of Heathcote, Bendigo, and Toolleen Hotel, it offers proximity to wineries and local amenities.
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81.6%
-
-
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Try Picki for FREE-$10,000
-$9,655
4.2%
Asking Price
$400,000
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
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,750
$17,322
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$13,792
-$8,220
Depreciation
-
-
Tax Offset
-$4,138
-$2,466
Net Cashflow After Tax
-$9,655
-$5,754
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$387,000
$387,000
$61,560
$423,890
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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)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
