$1.8M
$318,409
Confidence
High
High
$2,000,000
Medium
$1,800,000
Low
$1,600,000
Confidence
"67ha 166 acres approx.. located at the top of the Ferguson Valley and only 10 mins walk to the famous Gnomesville this property is right in the tourist zone. There are large Peppy trees stands scattered in the paddocks offering summer shade to the livestock and a backdrop of native forest to the southern boundary. Bountiful water is available from several springs and a spring fed gully dam which is serviced by a solar pump that pumps to a large 150,000 litre tank. Beautiful rolling green hills with a bubbling winter creek, this property is very well located and now ready for the new owners to take it to the next level. 1 hectare of established reticulated truffles 2 general purpose sheds power connected Cattle yards Old house needs work Heavy loam soil types Price 1.8mil"
-
88.6%
-
-
$20,000
-$77,811
-
-
-24.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,800,000
Estimated Purchase Price
$1,780,000
Stamp Duty
$82,786
Transfer Fee
$553
Conveyancing
$1,535
Deposit (10%)
$178,000
Reg. Mortgage
$203
LMI Premium
$55,697
Renovation Costs
-
Total Cash/Equity Required
$319,323
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,721
$2,246
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
-$5,426
-$7,080
Interest Repayments
$105,732
$105,732
Net Cashflow Before Tax
-$111,158
-$112,812
Depreciation
-
-
Tax Offset
-$33,347
-$33,844
Net Cashflow After Tax
-$77,811
-$78,968
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,602,000
$1,602,000
$320,400
$1,873,242
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2021 Population
Suburbs
Manufacturing - 15.0%
Retail Trade - 14.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price