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$2.3M
$436,958
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Try Picki for FREEConfidence
High
High
$2,600,000
Medium
$2,400,000
Low
$2,200,000
Confidence
Medium
Discover the ultimate prestige lifestyle with this stunning property at 61 Schoeffel Drive. Just a 9-minute drive from Echuca's CBD, this 38-acre estate offers 1.5km of Campaspe River frontage. The timeless four-bedroom homestead features sweeping verandas, a large outdoor entertaining area, pool house, and rotunda with a fire pit. With 4 bedrooms, 3 living areas, formal dining, an office, and a 4-car garage, it caters to every need. The property boasts a 10m x 4m heated pool, extensive shedding, access to town services, and ample water supply across four paddocks. This peaceful yet conveniently located property promises unparalleled quality and lifestyle.
Trusted by over 13k property buyers and counting...
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94.6%
$1.06M
2.8%
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-$63,010
2.6%
Asking Price
$2,400,000
Estimated Purchase Price
$2,400,000
Stamp Duty
$136,000
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$240,000
Reg. Mortgage
$129
LMI Premium
$75,097
Renovation Costs
-
Total Cash/Equity Required
$456,587
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,546
$75,388
Interest Repayments
$142,560
$142,560
Net Cashflow Before Tax
-$90,014
-$67,172
Depreciation
-
-
Tax Offset
-$27,004
-$20,152
Net Cashflow After Tax
-$63,010
-$47,020
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,563,200
$4,633,656
Loan Balance
I.O
$2,160,000
$2,160,000
$403,200
$2,473,656
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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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
