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Withheld
$1,746
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$620,000
Medium
$585,000
Low
$550,000
Confidence
Low
Experience the tranquility and charm of rural living on this 12-acre property, just a 30-minute drive from Shepparton, Euroa, and Benalla. This beautifully renovated residence includes three spacious bedrooms, a modern kitchen, and a large living area with pastoral views. Embrace hobby farming with a large dam, expansive sheds, and water tanks. Located near the Hume Highway, it's a two-hour drive to Melbourne CBD. This versatile property invites you to create a rural haven.
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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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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
0%
92.3%
-
-
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Try Picki for FREE$50,000
-$10,911
4.4%
Asking Price
$585,000
Estimated Purchase Price
$535,000
Stamp Duty
$27,170
Transfer Fee
$1,358
Conveyancing
$1,196
Deposit (10%)
$53,500
Reg. Mortgage
$129
LMI Premium
$11,827
Renovation Costs
-
Total Cash/Equity Required
$95,729
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
$31,779
$31,779
Net Cashflow Before Tax
-$15,588
-$8,093
Depreciation
-
-
Tax Offset
-$4,676
-$2,428
Net Cashflow After Tax
-$10,911
-$5,665
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$624,780
$1,129,454
Loan Balance
I.O
$481,500
$481,500
$143,280
$647,954
