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$300K
$45,495
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Try Picki for FREEConfidence
High
High
$390,000
Medium
$365,000
Low
$340,000
Confidence
Medium
Discover this serene 14.10-acre bush retreat, perfectly equipped for off-grid living. The natural setting boasts an impressive old growth gum tree and lush vegetation. Energy needs are met with a large solar array and auto-start generator, ensuring peace of mind. Water is abundant, courtesy of a sizable dam and two new Kingspan water tanks, each with a 28,000-liter capacity. Accommodation includes three cozy caravans, ideal for weekend escapades, with a charming outdoor dining area in a covered courtyard. Positioned just 10 minutes from Nagambie, and with dual road access, this property offers great potential for developing your dream retreat (subject to council approval). Motivated sellers have just reduced the price, presenting an excellent opportunity for discerning buyers.
Trusted by over 13k property buyers and counting...
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81.8%
-
-
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Try Picki for FREE$25,000
-$5,155
5.8%
Asking Price
$365,000
Estimated Purchase Price
$340,000
Stamp Duty
$15,470
Transfer Fee
$901
Conveyancing
$1,196
Deposit (10%)
$34,000
Reg. Mortgage
$129
LMI Premium
$7,516
Renovation Costs
-
Total Cash/Equity Required
$59,762
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$12,831
$18,904
Interest Repayments
$20,196
$20,196
Net Cashflow Before Tax
-$7,365
-$1,292
Depreciation
-
-
Tax Offset
-$2,209
-$388
Net Cashflow After Tax
-$5,155
-$904
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$389,820
$704,702
Loan Balance
I.O
$306,000
$306,000
$83,820
$398,702
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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...
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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)
No data available
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
