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$459K
$73,595
Unlock Appraised Value
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Try Picki for FREEConfidence
80%
High
$530,000
Medium
$475,000
Low
$420,000
Confidence
70%
Explore the potential of 102 Ambrosio Road North Wangaratta, a versatile 20-acre escape. Ideal for weekend getaways or recreational activities, this property features approximately 12 well-fenced paddocks with improved pastures. It includes an additional unused government road grazing license, two old kilns, and a sizeable 9.6m by 9.6m shed, perfect for a workshop or storage. The land offers a balance of cleared areas and tree coverage, providing ample firewood and shelter for livestock. Note, residential permits are unavailable due to the property's Farm Zone classification and its location on a plot under 40 hectares.
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82.9%
$520K
5.7%
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Try Picki for FREE$35,000
-$9,021
4.5%
Asking Price
$475,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,725
$2,251
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
$13,248
$19,448
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$12,888
-$6,688
Depreciation
-
-
Tax Offset
-$3,866
-$2,006
Net Cashflow After Tax
-$9,021
-$4,681
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$396,000
$396,000
$111,300
$521,078
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
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
