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$2.28M
$377,140
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$3,000,000
Medium
$2,700,000
Low
$2,400,000
Confidence
Not Applicable
Experience tranquility at 97 Granite Road Lurg. This beautiful 2-bedroom, 2-bathroom home sits on 300 acres, promising comfort and style. With a wood stove, pellet heater, and split system, the home's interior ensures cozy living. Outside, a 2-car garage and vast 24m x 12m colorbond shed cater to storage and functionality needs. The well-designed water and fencing systems support rotational grazing. Located in scenic Lurg, this property offers panoramic views, strong pasture production even in challenging seasons, and the option to expand by 126 acres. Ideal for agricultural enthusiasts seeking a sustainable lifestyle.
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86.2%
-
-
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Try Picki for FREE$145,000
-$109,817
-
Asking Price
$2,921,525
Estimated Purchase Price
$2,555,000
Stamp Duty
$146,075
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$255,500
Reg. Mortgage
$129
LMI Premium
$79,947
Renovation Costs
-
Total Cash/Equity Required
$487,012
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,850
$2,414
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
-$5,115
-$6,674
Interest Repayments
$151,767
$151,767
Net Cashflow Before Tax
-$156,882
-$158,441
Depreciation
-
-
Tax Offset
-$47,065
-$47,532
Net Cashflow After Tax
-$109,817
-$110,909
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,883,600
$5,212,863
Loan Balance
I.O
$2,299,500
$2,299,500
$584,100
$2,913,363
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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)
No data available
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
