Withheld
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,600,000
Medium
$2,200,000
Low
$1,800,000
Confidence
Medium
Explore this extraordinary 191-acre opportunity on Kilfeera Road, Lurg. Presented by Nutrien Harcourts Benalla, this property boasts fertile loamy Holland Creek and Tatong Valley soils. Offering metered Benalla Town Water Supply and impressive stock proof fencing, it's optimized for grazing. With several dams strategically located to maximize paddock runoff, this land is perfect for various farming pursuits. Just 11km from Benalla, it presents a potential lifestyle building block with convenient access and spectacular views. Priced between $6000 and $6500 per acre, this property invites serious interest.
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Try Picki for FREE$2,170,000
+
260.0%
Asking Price
$29,110
Estimated Purchase Price
$30,000
Stamp Duty
$470
Transfer Fee
$176
Conveyancing
$1,196
Deposit (10%)
$3,000
Reg. Mortgage
$129
LMI Premium
$513
Renovation Costs
-
Total Cash/Equity Required
$6,033
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$66,879
$95,796
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
$65,097
$94,014
Depreciation
-
-
Tax Offset
$19,529
$28,204
Net Cashflow After Tax
$45,568
$65,810
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,349,600
$4,247,518
Loan Balance
I.O
$27,000
$27,000
$2,322,600
$4,220,518
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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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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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Sold Price
Asking Price