$1.55M
$269,464
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Try Picki for FREEConfidence
High
High
$1,700,000
Medium
$1,550,000
Low
$1,400,000
Confidence
Medium
Windy Gums offers a chance for extended families to cohabit and engage with the land or for homeowners to profit from rental income, with adjacent accommodation fetching $700 per week. This lush property boasts beautifully landscaped gardens encircling the main three-bedroom residence. Highlights include verandas on three sides, a sizable master suite with an ensuite and sunroom, and a 10kW solar power system complemented by 12kW battery storage, reducing energy costs significantly. Additional living space includes a shed-studio for guests, and a fully off-grid two-bedroom granny flat, well-positioned for privacy. The expansive outdoors features two dams, three fenced paddocks, and included cattle facilities, making it ideal for agrarian pursuits.
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84.5%
$559K
4.7%
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-$27,228
4.0%
Asking Price
$1,550,000
Estimated Purchase Price
$1,550,000
Stamp Duty
$68,305
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$155,000
Reg. Mortgage
$164
LMI Premium
$43,800
Renovation Costs
-
Total Cash/Equity Required
$269,464
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$53,172
$76,205
Interest Repayments
$92,070
$92,070
Net Cashflow Before Tax
-$38,898
-$15,865
Depreciation
-
-
Tax Offset
-$11,669
-$4,760
Net Cashflow After Tax
-$27,228
-$11,106
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,395,000
$1,395,000
$260,400
$1,597,569
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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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Average Days of Supply
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Sold Price
Asking Price