The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$700K
$130,648
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$950,000
Medium
$825,000
Low
$700,000
Confidence
Not Found
Discover 3 Burkes Road in Wahring - a rare equestrian haven nestled in the countryside, just two hours from Melbourne. This 23.38-hectare (57.77-acre) property in the Farming Zone may offer your dream rural home, with equine facilities. It's conveniently located 30 minutes from Shepperton and 1.5 hours from Bendigo. Act quickly to seize this fantastic opportunity.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
No data available
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
77.5%
$1.45M
2.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$25,000
-$39,128
-
Asking Price
$850,000
Estimated Purchase Price
$850,000
Stamp Duty
$46,070
Transfer Fee
$2,095
Conveyancing
$1,196
Deposit (10%)
$85,000
Reg. Mortgage
$129
LMI Premium
$24,237
Renovation Costs
-
Total Cash/Equity Required
$159,276
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
$50,490
$50,490
Net Cashflow Before Tax
-$55,897
-$57,545
Depreciation
-
-
Tax Offset
-$16,769
-$17,263
Net Cashflow After Tax
-$39,128
-$40,281
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$765,000
$765,000
$116,100
$827,819
