$725K
$118,242
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$850,000
Low
$700,000
Confidence
Not applicable
This stunning 100-acre property in Glenaroua offers a perfect blend of agriculture and country living. With two large dams, a multifunctional shed, top-notch sheep and cattle yards, and intricate fencing, it is well-prepared for agricultural pursuits. The land has been optimized for efficient grazing with recent pasture improvements. Just a short drive from Kilmore and Seymour, and under 1.5 hours from Melbourne CBD, it offers both seclusion and accessibility, making it an ideal retreat.
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90.3%
$758K
156.1%
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Try Picki for FREE$15,000
-$38,268
-
Asking Price
$900,000
Estimated Purchase Price
$835,000
Stamp Duty
$45,170
Transfer Fee
$2,060
Conveyancing
$1,196
Deposit (10%)
$83,500
Reg. Mortgage
$129
LMI Premium
$23,809
Renovation Costs
-
Total Cash/Equity Required
$156,413
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,070
-$6,615
Interest Repayments
$49,599
$49,599
Net Cashflow Before Tax
-$54,669
-$56,214
Depreciation
-
-
Tax Offset
-$16,401
-$16,864
Net Cashflow After Tax
-$38,268
-$39,350
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$751,500
$751,500
$156,300
$889,586
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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