$925K
$193,410
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Try Picki for FREEConfidence
Medium
High
$975,000
Medium
$925,000
Low
$875,000
Confidence
Not Found
Discover this scenic 40-acre property near Benalla and Shepparton, featuring a 3-bedroom home, lush gardens, and abundant wildlife in a transformed quarry wetland. Previously a Bush Camp Caravan Park, it offers potential for commercial ventures such as a caravan park or equine facility. Built in 1982, the home boasts passive solar design, stone fireplace, and a versatile self-contained unit. With a licensed bore for year-round water, numerous sheds, and solar power, this property blends beauty with productivity. Located in prime farming country, it's a unique lifestyle opportunity.
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80.8%
$352K
14.1%
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Try Picki for FREE-$65,000
-$44,745
-
Asking Price
$925,000
Estimated Purchase Price
$990,000
Stamp Duty
$54,450
Transfer Fee
$2,422
Conveyancing
$1,196
Deposit (10%)
$99,000
Reg. Mortgage
$129
LMI Premium
$28,229
Renovation Costs
-
Total Cash/Equity Required
$185,975
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,850
$2,414
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
-$5,115
-$6,674
Interest Repayments
$58,806
$58,806
Net Cashflow Before Tax
-$63,921
-$65,480
Depreciation
-
-
Tax Offset
-$19,176
-$19,644
Net Cashflow After Tax
-$44,745
-$45,836
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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
$891,000
$891,000
$96,900
$894,888
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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 Days of Supply
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Average Population
Sold Price
Asking Price