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.
Withheld
$2,085
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
$3,600,000
Medium
$3,200,000
Low
$2,800,000
Confidence
Not Found
Fernview Farm spans 621.24 hectares of rural land located just north of Gingin and Bindoon in Western Australia. This versatile property offers 7 bedrooms and 3 bathrooms in a homestead with modern amenities such as two split system air conditioners and a wood fireplace. The farm features multiple sheds, a 24m x 26m main shed, shearing sheds, and cattle yards. Water resources are ample, with a significant water license and three bores. Potential uses include animal husbandry, mixed farming, and timber plantations. The land also contains mineral resources like sand and gravel. Pine and native bush plantations are present, offering additional lifestyle opportunities.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
71%
-
-
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-$300,000
-$149,078
-
Asking Price
$3,500,000
Estimated Purchase Price
$3,500,000
Stamp Duty
$171,366
Transfer Fee
$873
Conveyancing
$1,535
Deposit (10%)
$350,000
Reg. Mortgage
$203
LMI Premium
$109,516
Renovation Costs
-
Total Cash/Equity Required
$634,043
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,364
$1,780
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,069
-$6,614
Interest Repayments
$207,900
$207,900
Net Cashflow Before Tax
-$212,969
-$214,514
Depreciation
-
-
Tax Offset
-$63,891
-$64,354
Net Cashflow After Tax
-$149,078
-$150,160
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%
$3,417,600
$6,178,208
Loan Balance
I.O
$3,150,000
$3,150,000
$267,600
$3,028,208
Below 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 - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
