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Withheld
$70,503
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This Federation beauty in Bowraville offers a slice of history and modern comfort. Originally the Bowraville hospital in the early 1900s, it now stands as a cherished family home on a generous 2,725m2 block. There's potential for subdivision or townhouse development, pending council approval. Featuring hardwood timber floors, high ceilings, a renovated kitchen with granite benchtops, a large living area with heating and cooling, and three to four bedrooms. Recent upgrades include new guttering, a 6kW solar system, fresh paint, and polished floors. The property is conveniently close to town amenities and natural attractions.
Trusted by over 13k property buyers and counting...
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59.8%
$425K
320.8%
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Try Picki for FREE$30,000
-$6,480
5.3%
Asking Price
-
Estimated Purchase Price
$445,000
Stamp Duty
$14,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$44,500
Reg. Mortgage
$164
LMI Premium
$8,884
Renovation Costs
-
Total Cash/Equity Required
$70,504
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,046
$1,365
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
$17,175
$24,970
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$9,258
-$1,463
Depreciation
-
-
Tax Offset
-$2,777
-$439
Net Cashflow After Tax
-$6,480
-$1,024
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$400,500
$400,500
$106,800
$516,578
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
