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$399K
$78,206
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Try Picki for FREEConfidence
Medium
High
$440,000
Medium
$399,000
Low
$360,000
Confidence
Not Applicable
This property offers the charm of rural living amidst serene landscapes with access to vibrant towns nearby. Ideal for agricultural enthusiasts, it sits on fertile red and brown loam soil. The land features two dams and enjoys 600mm average rainfall, promising sustainable living. At 185 meters elevation, it offers panoramic countryside views and multiple homesites for a farmhouse or equestrian pursuits. Building permits are available but require renewal, allowing you to create a rural retreat in North East Victoria.
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87.6%
$394K
7.9%
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Try Picki for FREE-$30,000
-$21,460
-
Asking Price
$399,000
Estimated Purchase Price
$430,000
Stamp Duty
$20,870
Transfer Fee
$1,112
Conveyancing
$1,196
Deposit (10%)
$43,000
Reg. Mortgage
$129
LMI Premium
$9,506
Renovation Costs
-
Total Cash/Equity Required
$76,362
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
$25,542
$25,542
Net Cashflow Before Tax
-$30,657
-$32,216
Depreciation
-
-
Tax Offset
-$9,197
-$9,665
Net Cashflow After Tax
-$21,460
-$22,551
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Year 1
Year 10
Property Value
6.8%
$427,200
$772,276
Loan Balance
I.O
$387,000
$387,000
$40,200
$385,276
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
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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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
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