$899K
$168,819
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Medium
Discover the perfect blend of rural charm and modern comfort on this 63-acre estate. This property features sprawling lawns and established tree belts that create a scenic rural backdrop. The main residence offers ample natural light, a spacious kitchen with modern appliances, a comfortable lounge with wood heating, and three large bedrooms. An attached second residence offers extra space perfect for family or guests, with its own kitchenette, bedroom, and accessible bathroom. Outbuildings include a converted dairy shed with a four-bay hay shed. The agricultural potential is enhanced by flood irrigation over 13.5 hectares, currently sown with lucerne and cereal crops. This is a unique opportunity to combine country living with modern conveniences, close to town amenities.
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83.2%
-
-
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-$26,877
2.5%
Asking Price
$925,000
Estimated Purchase Price
$925,000
Stamp Duty
$50,570
Transfer Fee
$2,270
Conveyancing
$1,196
Deposit (10%)
$92,500
Reg. Mortgage
$129
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$173,590
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
$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
$16,549
$24,153
Interest Repayments
$54,945
$54,945
Net Cashflow Before Tax
-$38,396
-$30,792
Depreciation
-
-
Tax Offset
-$11,519
-$9,238
Net Cashflow After Tax
-$26,877
-$21,554
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$832,500
$832,500
$155,400
$953,388
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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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projected
for 2024 to 2026
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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