$1.3M
$238,311
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Try Picki for FREEConfidence
High
High
$1,850,000
Medium
$1,700,000
Low
$1,550,000
Confidence
Medium
Set on a sprawling 7447m² parcel of land, this 3-bedroom mudbrick home perfectly marries rustic charm with modern comfort. Located in Crabbes Creek, the property is abundant with rare timber features, rock walls, and beautiful wooden beams. It features hand-carved kitchen doors and French doors that lead you into a seamless indoor-outdoor lifestyle, cultivating a true sense of craftsmanship. With ample land and a newly discovered natural spring, the home meets all aspects of a peaceful country lifestyle with proximity to vibrant communities and conveniences.
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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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 11.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
77.5%
$1.9M
2.6%
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-$52,197
2.0%
Asking Price
-
Estimated Purchase Price
$1,700,000
Stamp Duty
$76,555
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$170,000
Reg. Mortgage
$164
LMI Premium
$48,038
Renovation Costs
-
Total Cash/Equity Required
$296,953
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,407
$1,836
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
$26,413
$38,162
Interest Repayments
$100,980
$100,980
Net Cashflow Before Tax
-$74,567
-$62,818
Depreciation
-
-
Tax Offset
-$22,370
-$18,846
Net Cashflow After Tax
-$52,197
-$43,973
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,815,600
$3,282,173
Loan Balance
I.O
$1,530,000
$1,530,000
$285,600
$1,752,173