$1.2M
$197,127
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Try Picki for FREEConfidence
Medium
High
$1,200,000
Medium
$1,080,000
Low
$960,000
Confidence
Not available
Nestled at the end of a tranquil country lane, this expansive 40 Ha property offers serene living with breathtaking panoramic views over Deep Creek Valley. With four main paddocks, established cypress and new native tree plantations, the land boasts good soils and fencing. Enjoy a sustainable lifestyle with a solar-powered shed, tank water, a dam, and temporary shack accommodation. Conveniently close to Melbourne, yet removed from city bustle, it's ready for a dwelling to be built.
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88.3%
$1.25M
2.7%
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Try Picki for FREE-$30,000
-$49,729
-
Asking Price
$1,200,000
Estimated Purchase Price
$1,110,000
Stamp Duty
$61,050
Transfer Fee
$2,703
Conveyancing
$1,196
Deposit (10%)
$111,000
Reg. Mortgage
$129
LMI Premium
$31,650
Renovation Costs
-
Total Cash/Equity Required
$208,278
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,843
$2,405
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
-$5,108
-$6,665
Interest Repayments
$65,934
$65,934
Net Cashflow Before Tax
-$71,042
-$72,599
Depreciation
-
-
Tax Offset
-$21,313
-$21,780
Net Cashflow After Tax
-$49,729
-$50,819
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,153,440
$2,085,145
Loan Balance
I.O
$999,000
$999,000
$154,440
$1,086,145
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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