$1.49M
$317,527
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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,450,000
Low
$1,350,000
Confidence
Medium
Experience the essence of country living just minutes from Heathcote and 1.5 hours from Melbourne with this remarkable 104.28-acre property. Designed for various agricultural ventures or a home enterprise like a horse retreat, this estate features a modern six-year-old architectural home. Enjoy 3 bedrooms, 2 bathrooms, and open-plan living with a state-of-the-art kitchen. The land boasts picturesque landscapes, a large dam, two water tanks, and an ultimate entertaining area. This property seamlessly blends luxury with tranquility.
Trusted by over 13k property buyers and counting...
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84.2%
$613K
5.5%
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Try Picki for FREE-$150,000
-$49,919
1.9%
Asking Price
$1,490,000
Estimated Purchase Price
$1,600,000
Stamp Duty
$88,000
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$160,000
Reg. Mortgage
$129
LMI Premium
$50,065
Renovation Costs
-
Total Cash/Equity Required
$303,555
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,805
$2,355
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
$23,728
$34,373
Interest Repayments
$95,040
$95,040
Net Cashflow Before Tax
-$71,312
-$60,667
Depreciation
-
-
Tax Offset
-$21,394
-$18,200
Net Cashflow After Tax
-$49,919
-$42,467
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,440,000
$1,440,000
$108,600
$1,359,500
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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