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$279K
$38,964
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Try Picki for FREEConfidence
High
High
$280,000
Medium
$260,000
Low
$240,000
Confidence
Medium
This charming property, located a short distance from Barraba's Main Street, offers three spacious bedrooms and a generous lounge area. The home features timber floorboards and intricate fretwork. A dine-in kitchen includes modern appliances like a dishwasher, gas cooktop, and electric oven. A beautifully renovated bathroom adds a contemporary touch while maintaining vintage appeal. Ducted cooling and wood heating ensure year-round comfort. The 2023 sqm block is fully fenced and low-maintenance, with a garage, carport, and garden shed. Ideal for convenience and charm.
Trusted by over 13k property buyers and counting...
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72.9%
$280K
3.5%
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-$4,486
5.6%
Asking Price
$279,000
Estimated Purchase Price
$260,000
Stamp Duty
$7,345
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$26,000
Reg. Mortgage
$164
LMI Premium
$4,012
Renovation Costs
-
Total Cash/Equity Required
$39,717
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$14,560
$20,723
Property Management
+7.7% PA
$1,121
$1,596
Rates
+3.0% PA
$1,027
$1,340
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$9,035
$13,381
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$6,409
-$2,063
Depreciation
-
-
Tax Offset
-$1,923
-$619
Net Cashflow After Tax
-$4,486
-$1,444
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$277,680
$501,979
Loan Balance
I.O
$234,000
$234,000
$43,680
$267,979
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 - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
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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