$419K
$73,595
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Try Picki for FREEConfidence
Medium
High
$500,000
Medium
$419,450
Low
$350,000
Confidence
Not Applicable
Nestled in the scenic Tabilk, 24 Babbler Lane offers 15.2 acres of prime land in Victoria's renowned wine and equine region. A unique lifestyle opportunity, the property blends natural beauty with modern convenience. Ideal for those dreaming of vineyards, equestrian facilities, or leisure spaces. The welcoming Tabilk community and proximity to wineries enhance its allure. This blank canvas offers potential for development into a luxury retreat, agribusiness, or bespoke residence. Experience the serene landscape and vibrant culture of this exceptional location.
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77.5%
$1.45M
2.1%
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Try Picki for FREE$5,000
-$21,041
-
Asking Price
$419,450
Estimated Purchase Price
$415,000
Stamp Duty
$19,970
Transfer Fee
$1,077
Conveyancing
$1,196
Deposit (10%)
$41,500
Reg. Mortgage
$129
LMI Premium
$9,174
Renovation Costs
-
Total Cash/Equity Required
$73,595
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
$24,651
$24,651
Net Cashflow Before Tax
-$30,058
-$31,706
Depreciation
-
-
Tax Offset
-$9,017
-$9,512
Net Cashflow After Tax
-$21,041
-$22,194
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$373,500
$373,500
$75,060
$437,390
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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