$330K
$61,606
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Try Picki for FREEConfidence
Medium
High
$370,000
Medium
$330,000
Low
$290,000
Confidence
Not Applicable
A vast 1.28-hectare property awaits your dream home. Just 11km from Benalla Rural City, this land offers country living with city convenience. Divided into two fenced paddocks, it features a significant 7m x 14m shed with 3.25-meter roller doors, electric fencing powered by a solar inverter, a dam, and two rainwater tanks with a total capacity of 47,300 liters. With a planning permit in place, you have the freedom to build your future residence and immerse yourself in a rural lifestyle while staying close to urban amenities.
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83.3%
$695K
3.4%
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Try Picki for FREE-$15,000
-$17,926
-
Asking Price
$330,000
Estimated Purchase Price
$345,000
Stamp Duty
$15,770
Transfer Fee
$913
Conveyancing
$1,196
Deposit (10%)
$34,500
Reg. Mortgage
$129
LMI Premium
$7,627
Renovation Costs
-
Total Cash/Equity Required
$60,684
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
$20,493
$20,493
Net Cashflow Before Tax
-$25,608
-$27,167
Depreciation
-
-
Tax Offset
-$7,682
-$8,150
Net Cashflow After Tax
-$17,926
-$19,017
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$352,440
$637,128
Loan Balance
I.O
$310,500
$310,500
$41,940
$326,628
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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...
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projected
for 2024 to 2026
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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