$495K
$70,503
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Try Picki for FREEConfidence
High
High
$560,000
Medium
$540,000
Low
$520,000
Confidence
High
This charming 4-bedroom weatherboard home lies in the heart of Frederickton on a vast 2,474 sqm block. It features ample natural light through large windows, a generous kitchen, and spacious living areas. The house offers potential for cosmetic upgrades, including new flooring and a bathroom renovation. Zoned RU5 Village, it provides numerous possibilities, pending council approval. Additional highlights include a sunroom, sizable decks, air conditioning, a wood fire heater, and a 2.5kW solar system. Located close to local amenities and the river, this property blends comfort with convenience.
Trusted by over 13k property buyers and counting...
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68.4%
$538K
434.9%
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Try Picki for FREE$40,000
-$448
7.3%
Asking Price
$540,000
Estimated Purchase Price
$500,000
Stamp Duty
$17,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$50,000
Reg. Mortgage
$164
LMI Premium
$9,982
Renovation Costs
-
Total Cash/Equity Required
$79,577
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,160
$1,514
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
$29,060
$41,900
Interest Repayments
$29,700
$29,700
Net Cashflow Before Tax
-$640
$12,200
Depreciation
-
-
Tax Offset
-$192
$3,660
Net Cashflow After Tax
-$448
$8,540
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$576,720
$1,042,573
Loan Balance
I.O
$450,000
$450,000
$126,720
$592,573
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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