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$1.3M
$216,076
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,350,000
Medium
$1,250,000
Low
$1,150,000
Confidence
Not Found
Kooknook is an excellent value farmland located just 15 minutes from Violet Town and 20 minutes from Benalla. This versatile property currently supports sheep and some cattle. Key features include a 3-stand shearing shed, undercover sheep yards, two hay sheds, a pellet silo, and eight dams ensuring water security. It is subdivided into six paddocks with a central laneway and has undergone significant soil improvement over the past five years. With numerous potential homesites and stunning views of the Strathbogie Ranges, this gently rolling land offers a perfect opportunity for development or a dream rural lifestyle. Situated on a corner block with long road frontage, it holds development potential, subject to council approval, and includes multiple titles providing flexibility for future land sales.
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92.3%
-
-
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Try Picki for FREE$50,000
-$53,681
-
Asking Price
$1,295,000
Estimated Purchase Price
$1,200,000
Stamp Duty
$66,000
Transfer Fee
$2,914
Conveyancing
$1,196
Deposit (10%)
$120,000
Reg. Mortgage
$129
LMI Premium
$37,548
Renovation Costs
-
Total Cash/Equity Required
$228,337
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
$71,280
$71,280
Net Cashflow Before Tax
-$76,687
-$78,335
Depreciation
-
-
Tax Offset
-$23,006
-$23,500
Net Cashflow After Tax
-$53,681
-$54,834
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,080,000
$1,080,000
$255,000
$1,333,362
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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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price
