$895K
$167,864
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
Not Found
Discover a rural sanctuary on a serene 50-acre property just minutes from Echuca's town center. This retreat offers the perfect blend of country tranquility and urban convenience. The property houses a three-bedroom home with a study, featuring an open-plan design and timber flooring, complemented by evaporative cooling, a solid fuel heater, and ceiling fans for year-round comfort. Enjoy breathtaking views from front and rear timber decks. A two-bedroom bungalow adds housing flexibility. With ample shedding for hay, a dam for extra water storage, and 1 megalitre of water for lush gardens and thriving livestock, this property is ideal for those seeking a peaceful country lifestyle while staying close to town amenities.
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92.9%
-
-
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Try Picki for FREE-$50,000
-$41,996
-
Asking Price
$925,000
Estimated Purchase Price
$925,000
Stamp Duty
$50,570
Transfer Fee
$2,270
Conveyancing
$1,196
Deposit (10%)
$92,500
Reg. Mortgage
$129
LMI Premium
$26,375
Renovation Costs
-
Total Cash/Equity Required
$173,590
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
$54,945
$54,945
Net Cashflow Before Tax
-$59,994
-$61,533
Depreciation
-
-
Tax Offset
-$17,998
-$18,460
Net Cashflow After Tax
-$41,996
-$43,073
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$832,500
$832,500
$102,000
$856,854
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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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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