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$850K
$179,315
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Not Found
Discover the vast potential of a 73-acre riverfront property, just 5 minutes from Axedale and 20 from Bendigo. With 5 robust paddocks equipped with water troughs and a cattle yard, it's perfect for agriculture, cattle rearing, or building a dream residence, pending council approval. A multipurpose shed features a bedroom, bathroom, and 2-bay garage door, running on generator power, ensuring off-the-grid functionality.
Trusted by over 13k property buyers and counting...
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81.6%
-
-
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Try Picki for FREE-$130,000
-$43,243
-
Asking Price
$850,000
Estimated Purchase Price
$955,000
Stamp Duty
$52,370
Transfer Fee
$2,340
Conveyancing
$1,196
Deposit (10%)
$95,500
Reg. Mortgage
$129
LMI Premium
$27,231
Renovation Costs
-
Total Cash/Equity Required
$179,315
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,049
-$6,588
Interest Repayments
$56,727
$56,727
Net Cashflow Before Tax
-$61,776
-$63,315
Depreciation
-
-
Tax Offset
-$18,533
-$18,994
Net Cashflow After Tax
-$43,243
-$44,320
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$859,500
$859,500
$21,600
$733,319
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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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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
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Average Days of Supply
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Average Population
Sold Price
Asking Price
