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$440K
$78,206
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Not Applicable
The property at 91 Bowler Lane, Tamleugh, is a picturesque 102.75-acre plot ideally positioned between the regional hubs of Shepparton and Benalla, just two hours from Melbourne. With its gently rolling hills and stunning views of the Strathbogie and Dookie Ranges, this land offers tranquility and an escape from city life. The fertile loam-clay soils and sub clover pastures provide excellent potential for agricultural pursuits. Current infrastructure includes near-new fencing for half of the property and a dam, while the property benefits from healthy regrowth of native Grey Box trees. Originally priced at $525,000, the property is now listed at $460,000, presenting a compelling opportunity for investors seeking a blend of privacy, natural beauty, and development potential.
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92.3%
-
-
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Try Picki for FREE-$20,000
-$22,080
-
Asking Price
$440,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,407
-$7,055
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$31,543
-$33,191
Depreciation
-
-
Tax Offset
-$9,463
-$9,957
Net Cashflow After Tax
-$22,080
-$23,234
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Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$396,000
$396,000
$52,560
$414,890
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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
