$885K
$148,209
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High
-
Medium
-
Low
-
Confidence
Escape to this serene, leafy retreat set on two-thirds of an acre near central Tamworth. Enjoy privacy and space on a spacious split-level layout featuring an expansive upper-level living area with stunning views, polished timber floors, and a fresh kitchen with granite benches. Offering three bedrooms with robes, an optional fourth bedroom or study, and a master with an ensuite. Convenient features include solar panels and rainwater tanks. Outside, explore enchanting alfresco spaces and enjoy quick access to nearby schools, transport, and Tamworth CBD.
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82.4%
$915K
177.7%
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-$26,184
2.9%
Asking Price
$1,000,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$39,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,000
Reg. Mortgage
$164
LMI Premium
$25,750
Renovation Costs
-
Total Cash/Equity Required
$167,845
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,994
$31,826
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$37,406
-$27,574
Depreciation
-
-
Tax Offset
-$11,222
-$8,272
Net Cashflow After Tax
-$26,184
-$19,302
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$900,000
$900,000
$168,000
$1,030,690
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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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