Withheld
$104,883
"Experience the perfect blend of country charm and modern convenience at 43 Meakins Lane, Violet Town. Nestled on 3.3 acres of beautifully landscaped land, this fully renovated 3bedroom home offers a serene retreat with an abundance of amenities for a lifestyle of comfort and selfsufficiency. Key Features Beautifully Renovated Home 3 spacious bedrooms, thoughtfully updated for modern living. Fresh interiors with a contemporary feel, perfectly suited for a tranquil rural lifestyle. Versatile Additional Spaces 3 extra rooms in a transportable building, complete with a brandnew deckideal for a home office, studio, or guest accommodation. Extensive Car Storage Workshop 4car standalone garage 6x12m with ample space for vehicles and equipment. 4car carport, offering additional covered parking. Large shed 11x9m with a service pit, perfect for DIY projects or professional use. Garden shed with 3 bays for firewood storage 4x11m. Outdoor Living Sustainable Lifestyle Expansive fenced orchard with a variety of fruit trees, including nectarine, plum, apricot, pear, peach, quince, and several apple varieties. Foxproof chicken shed and yard, ensuring your feathered friends are safe and secure. Large fenced raised bed veggie garden, ready for your homegrown produce. Inground swimming pool, perfect for relaxing and entertaining on warm days. Beautifully established gardens providing a picturesque backdrop to your country haven. Ideal for Hobby Farming Newly fenced paddocks, with one featuring an animal shelterideal for keeping a few sheep, calves, or a horse. 43 Meakins Lane offers a unique opportunity to enjoy a peaceful rural lifestyle with all the modern conveniences. Whether youre seeking a family home, a hobby farm, or a weekend retreat, this property has it all. Dont miss your chance to secure this slice of country paradise. Arrange your inspection today"
Below are some similar properties in the area you may be interested in.
-
57%
$555K
3.3%
$25,000
-$14,255
3.6%
2.4%
-13.3%
6.0%
Asking Price
$575,000
Estimated Purchase Price
$575,000
Stamp Duty
$29,570
Transfer Fee
$1,451
Conveyancing
$1,196
Deposit (10%)
$57,500
Reg. Mortgage
$129
LMI Premium
$16,395
Renovation Costs
-
Total Cash/Equity Required
$106,791
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$13,791
$20,270
Interest Repayments
$34,155
$34,155
Net Cashflow Before Tax
-$20,364
-$13,885
Depreciation
-
-
Tax Offset
-$6,109
-$4,165
Net Cashflow After Tax
-$14,255
-$9,719
Assumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$517,500
$517,500
$123,300
$640,914
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Average Population
projected
for 2024 to 2026
Average Days of Supply