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$349K
$54,842
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$418,000
Medium
$369,000
Low
$320,000
Confidence
Not Applicable
24 Russell Street offers a prime opportunity for development in Bathurst, situated close to the CBD, Proctor Park Sporting Complex, and Mackillop College. With DA approval for two 2-bedroom dwellings, the groundwork is laid out, allowing you to start your project promptly.
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41%
$637K
4.1%
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-$18,493
-
Asking Price
$369,000
Estimated Purchase Price
$370,000
Stamp Duty
$11,385
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$37,000
Reg. Mortgage
$164
LMI Premium
$7,387
Renovation Costs
-
Total Cash/Equity Required
$58,131
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,064
$1,388
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
-$4,441
-$5,794
Interest Repayments
$21,978
$21,978
Net Cashflow Before Tax
-$26,419
-$27,772
Depreciation
-
-
Tax Offset
-$7,926
-$8,332
Net Cashflow After Tax
-$18,493
-$19,441
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Year 1
Year 10
Property Value
6.8%
$395,160
$714,355
Loan Balance
I.O
$333,000
$333,000
$62,160
$381,355
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 9.0%
Others - 53.0%
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
