$995K
$213,246
"Discover Hillview the perfect blend of productivity and natural beauty on this expansive 100acre property, ideally situated under two hours from Melbourne and just a short 10minute drive from the charming town of Euroa. This prime parcel of land, wellfenced into two paddocks with a brandnew fence on the western boundary, boasts a rich history of fertilization and pasture improvement, ensuring its continued fertility and productivity for a variety of agricultural pursuits. The landscape is graced with a scattering of established native trees, adding a touch of serene beauty to the surroundings. A springfed dam provides a reliable water source, enhancing the lands potential for diverse uses. The property offers commanding views to the north and west, making it an idyllic location to build your dream home, where you can enjoy breathtaking sunsets and tranquil country living. Additionally, the blocks very private setting ensures peace and seclusion, making it an exceptional opportunity to secure a versatile and picturesque piece of real estate, perfect for both agricultural endeavors and creating a private rural retreat. Located just over 4km off the Hume Freeway."
Below are some similar properties in the area you may be interested in.
-
82.6%
$795K
2.5%
-$415,000
-$41,459
1.7%
1.1%
-17.6%
6.0%
Asking Price
$1,149,500
Estimated Purchase Price
$1,235,000
Stamp Duty
$67,925
Transfer Fee
$2,996
Conveyancing
$1,196
Deposit (10%)
$123,500
Reg. Mortgage
$129
LMI Premium
$38,644
Renovation Costs
-
Total Cash/Equity Required
$234,939
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
$1,802
$2,351
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
$14,131
$20,714
Interest Repayments
$73,359
$73,359
Net Cashflow Before Tax
-$59,228
-$52,645
Depreciation
-
-
Tax Offset
-$17,768
-$15,793
Net Cashflow After Tax
-$41,459
-$36,851
Assumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$1,111,500
$1,111,500
-$235,740
$471,666
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 17.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Health Care and Social Assistance - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price