Withheld
$151,642
"Raine Horne Land Victoria are delighted to offer for sale this 35.8 HA 88.5 Acres Approx. parcel in Cadello. Located just minutes away from the Calder Highway, providing connection to surrounding towns, this property is in close proximity to Kneyton 9 minutes and Woodend 10 minutes, as well as all the amenities they have to offer. 88.5 Acres approx. Farming Zone Flat block of pristine land in perfect condition Easy access to Kneyton 9 minutes and Woodend 10 minutes as well as all their amenities Minutes from BP Station Close proximity to Carlsruhe Train Station and Kneyton Train Station Short drive to Kneyton Airport For any further information or to book an inspection, please get in touch with Harvir Hans at 0421 452 651 or Omair Khan at 0431 703 453."
Below are some similar properties in the area you may be interested in.
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93.2%
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$75,000
-$51,393
-
-
-23.5%
6.0%
Asking Price
-
Estimated Purchase Price
$1,150,000
Stamp Duty
$63,250
Transfer Fee
$2,797
Conveyancing
$1,196
Deposit (10%)
$115,000
Reg. Mortgage
$129
LMI Premium
$35,984
Renovation Costs
-
Total Cash/Equity Required
$218,905
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,843
$2,405
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
-$5,108
-$6,665
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$73,418
-$74,975
Depreciation
-
-
Tax Offset
-$22,025
-$22,492
Net Cashflow After Tax
-$51,393
-$52,482
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,308,300
$2,365,095
Loan Balance
I.O
$1,035,000
$1,035,000
$273,300
$1,330,095
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price