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Withheld
$1,746
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium-High
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Medium
Meadow Farm provides a unique opportunity for rural living on 40 acres of fertile peat soil, ideal for those seeking both space and a lifestyle change. Positioned just 10 minutes from Pakenham's amenities, the property includes a charming brick home with traditional features and modern conveniences. It features multiple living spaces, a country kitchen, and up to four bedrooms, including a master suite with ensuite and walk-in robes. The infrastructure includes a triple carport, solar panels, and NBN connection. The expansive land offers 10 paddocks, a five-bay workshop with 2-phase power, horse stables, and ample water supply facilities. Located near quality schools and transport links, the property combines rural charm with suburban convenience.
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2021 Population
Suburbs
Retail Trade - 13.0%
Construction - 13.0%
Education and Training - 11.0%
Health Care and Social Assistance - 10.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
82.4%
$1.27M
2.7%
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Try Picki for FREE$20,000
-$40,705
2.3%
Asking Price
-
Estimated Purchase Price
$1,380,000
Stamp Duty
$75,900
Transfer Fee
$3,335
Conveyancing
$1,196
Deposit (10%)
$138,000
Reg. Mortgage
$129
LMI Premium
$43,181
Renovation Costs
-
Total Cash/Equity Required
$262,290
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
$1,711
$2,232
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
$23,822
$34,495
Interest Repayments
$81,972
$81,972
Net Cashflow Before Tax
-$58,150
-$47,477
Depreciation
-
-
Tax Offset
-$17,445
-$14,243
Net Cashflow After Tax
-$40,705
-$33,234
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,242,000
$1,242,000
$253,200
$1,460,966
