$215K
$30,691
Confidence
High
High
$220,000
Medium
$205,000
Low
$190,000
Confidence
High
"If location matters, look no further then 3 Alice Street, Barraba This Charming 3 bedroom home is nestled on a spacious 1467m2 block conveniently located within walking distance to the town center. Cozy up by the fireplace or stay cool and comfortable in front of the split system airconditioning located bright and airy loungeroom. The modern style kitchen offers an upright electric oven. With the Laundry being located in the huge, 12 x 6 Meter shed with old double cement tubs. The shed has cement floor and work bench running along the northern side. There is a 9,000 Lt galvanized water tank on a stand at the back of the shed. Plenty of room for veg garden or just room for the children to play. Property has potential to be rented for 250 per week Contact Sinclair or Chloe today to inspect this home"
-
69.5%
$307K
4.4%
$5,000
-$3,671
6.0%
3.3%
-12.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$215,000
Estimated Purchase Price
$200,000
Stamp Duty
$5,245
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$20,000
Reg. Mortgage
$164
LMI Premium
$3,086
Renovation Costs
-
Total Cash/Equity Required
$30,691
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$11,960
$17,023
Property Management
+7.7% PA
$921
$1,311
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
$6,635
$9,966
Interest Repayments
$11,880
$11,880
Net Cashflow Before Tax
-$5,245
-$1,914
Depreciation
-
-
Tax Offset
-$1,573
-$574
Net Cashflow After Tax
-$3,671
-$1,340
Assumptions
Year 1
Year 10
Property Value
6.8%
$218,940
$395,791
Loan Balance
I.O
$180,000
$180,000
$38,940
$215,791
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price