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Withheld
$1,746
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Try Picki for FREEConfidence
High
High
$280,000
Medium
$250,000
Low
$220,000
Confidence
Medium
Discover an inviting 1-acre parcel in the scenic Strathbogie Ranges, near Ruffy. This 4000sqm block offers potential income from a small Telstra exchange. It includes the potential use of an additional 2 acres, pending owner approval. Positioned on a corner with dual road frontages, power, and phone connections are accessible. The land is fenced, boasts breathtaking hill views, and is within walking reach of local amenities like the Community Centre and Ruffy Hall. Under 2 hours from Melbourne, it provides easy access to Euroa, Longwood, Yarck, and Mansfield.
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82.6%
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-
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Try Picki for FREE$20,000
-$1,351
7.9%
Asking Price
$250,000
Estimated Purchase Price
$230,000
Stamp Duty
$8,870
Transfer Fee
$644
Conveyancing
$1,196
Deposit (10%)
$23,000
Reg. Mortgage
$129
LMI Premium
$3,930
Renovation Costs
-
Total Cash/Equity Required
$38,318
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,802
$2,351
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
$11,732
$17,298
Interest Repayments
$13,662
$13,662
Net Cashflow Before Tax
-$1,930
$3,636
Depreciation
-
-
Tax Offset
-$579
$1,091
Net Cashflow After Tax
-$1,351
$2,545
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$267,000
$482,672
Loan Balance
I.O
$207,000
$207,000
$60,000
$275,672
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 17.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Health Care and Social Assistance - 10.0%
Others - 50.0%
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
