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$400K
$64,373
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Not Found
This stunning 77-acre property offers breathtaking views of the valley and is conveniently located between Shepparton and Benalla, just a short drive away. Ideal for developing your dream lifestyle, the land is divided into two main paddocks. The central paddock is suited for livestock with strong stock-proof fencing, seasonal grasses, and two rain-fed quality dams. The second paddock is a native tree reserve, accessible via gates and separate from the stock area. The endless possibilities here include building facilities such as animal yards, sheds, a weekend retreat, or even a house, subject to council approval. With lush native trees and a prime location, this property presents a fantastic opportunity for those looking to start a hobby farm or enjoy a rural retreat.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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%
92.3%
-
-
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Try Picki for FREE$25,000
-$20,209
-
Asking Price
$430,000
Estimated Purchase Price
$395,000
Stamp Duty
$18,770
Transfer Fee
$1,030
Conveyancing
$1,196
Deposit (10%)
$39,500
Reg. Mortgage
$129
LMI Premium
$8,732
Renovation Costs
-
Total Cash/Equity Required
$69,906
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$2,142
$2,795
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
-$5,407
-$7,055
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$28,870
-$30,518
Depreciation
-
-
Tax Offset
-$8,661
-$9,155
Net Cashflow After Tax
-$20,209
-$21,363
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$355,500
$355,500
$93,060
$455,390
