$2.5M
$538,048
"This rare rural holding of approximately 319 acres is stunningly beautiful, and offers absolute privacy, tranquillity and numerous potential sites on which to build your dream home and escape to the country in the most picturesque of surrounds. Located in one of the Macedon Ranges most desired pockets, this superb property features plenty of pasture, lovely stands of native trees, ample water from 6 spring fed dams, and incredible rural vistas with elevated northerly views to the nearby ranges. The spectacular holding is perfect for a range of farming pursuits, including cattle, horses and cropping, or just for an idyllic getaway in nature with relaxing water views and an abundance of wildlife, including nesting black swans, wedge tailed eagles, water birds, kangaroos, echidnas, as well as redfin and blue yabbies in the dams. The northfacing elevated slopes also pose the perfect opportunity to grow your very own grapevines. Most importantly, there is planning permission for a beautiful 5bedroom home by Tecture Architecture and stunning Paul Bangay designed gardens, pool, orchard and vegetable gardens, as well as an equestrian centre complete with indoor arena, stables and associated shedding. This is a truly rare and unique opportunity to secure a substantial rural holding and enjoy the benefits of a country lifestyle, just 8 minutes to Kyneton, 12 minutes to Woodend, and just over an hour from Melbourne."
Below are some similar properties in the area you may be interested in.
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93.2%
-
-
-$315,000
-$3,033
6.5%
5.8%
-0.6%
6.0%
Asking Price
$2,500,000
Estimated Purchase Price
$2,815,000
Stamp Duty
$162,975
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$281,500
Reg. Mortgage
$129
LMI Premium
$88,082
Renovation Costs
-
Total Cash/Equity Required
$538,048
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$182,000
$259,043
Property Management
+7.7% PA
$14,014
$19,946
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
$162,878
$232,432
Interest Repayments
$167,211
$167,211
Net Cashflow Before Tax
-$4,333
$65,221
Depreciation
-
-
Tax Offset
-$1,300
$19,566
Net Cashflow After Tax
-$3,033
$45,654
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,670,000
$4,826,725
Loan Balance
I.O
$2,533,500
$2,533,500
$136,500
$2,293,225
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