$785K
$131,602
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$900,000
Low
$820,000
Confidence
Medium
Hazelmere offers renowned mixed grazing land ideal for farming activities. It boasts underground water resources with a new pump, good internal fencing, and steel stockyards centrally situated. The property features 3 large paddocks, rear lifestyle block with a dam, and protective mature trees. The traditional country home has potential for tasteful improvements, including ensuite conversions and additional entrances. Located under 10 km from Euroa, this property promises a tranquil rural lifestyle with ample opportunity for development.
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83.6%
-
-
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Try Picki for FREE$65,000
-$23,385
2.8%
Asking Price
$900,000
Estimated Purchase Price
$835,000
Stamp Duty
$45,170
Transfer Fee
$2,060
Conveyancing
$1,196
Deposit (10%)
$83,500
Reg. Mortgage
$129
LMI Premium
$23,809
Renovation Costs
-
Total Cash/Equity Required
$156,413
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,191
$23,686
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$33,408
-$25,913
Depreciation
-
-
Tax Offset
-$10,022
-$7,774
Net Cashflow After Tax
-$23,385
-$18,139
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$751,500
$751,500
$209,700
$986,121
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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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Vacancy Rate
Average Days of Supply
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Sold Price
Asking Price