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$803K
$164,047
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
Low
Explore a promising agricultural property with prime highway frontage on the Murray Valley Highway. Encompassing multiple access points and excellent fencing, this land comprises four main paddocks featuring reliable water sources and natural shelter from scattered box trees. The central laneway system ensures simple stock movement, while the quality pasture promises optimal soil health. With its versatile use for cropping and grazing, this family-owned property offers a unique opportunity for immediate agricultural operation. Ideal for those seeking both productivity and strategic location.
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77.8%
-
-
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Try Picki for FREE$5,000
-$10,728
3.5%
Asking Price
-
Estimated Purchase Price
$375,000
Stamp Duty
$17,570
Transfer Fee
$983
Conveyancing
$1,196
Deposit (10%)
$37,500
Reg. Mortgage
$129
LMI Premium
$8,290
Renovation Costs
-
Total Cash/Equity Required
$66,217
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$1,784
$2,328
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
$6,950
$10,491
Interest Repayments
$22,275
$22,275
Net Cashflow Before Tax
-$15,325
-$11,784
Depreciation
-
-
Tax Offset
-$4,598
-$3,535
Net Cashflow After Tax
-$10,728
-$8,249
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$337,500
$337,500
$68,340
$396,162
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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
