$449K
$63,905
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Explore this inviting three-bedroom, one-bathroom home on a spacious 734sqm lot in South Tamworth. This property offers convenience, comfort, and room for growth. Each bedroom features built-in robes for ample storage. With ceiling fans and a reverse cycle split system, enjoy comfort throughout the year. The cozy, sunlit living spaces are perfect for relaxation or entertaining. Outside, a single carport and large backyard offer potential for gatherings and creative landscaping, complemented by a practical garden shed. Close to schools, parks, shops, and public transport, this home is ideal for investors or first-time buyers.
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54.3%
-
-
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-$7,011
5.1%
Asking Price
-
Estimated Purchase Price
$450,000
Stamp Duty
$14,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$45,000
Reg. Mortgage
$164
LMI Premium
$8,984
Renovation Costs
-
Total Cash/Equity Required
$71,328
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
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
$16,714
$24,312
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$10,016
-$2,418
Depreciation
-
-
Tax Offset
-$3,005
-$726
Net Cashflow After Tax
-$7,011
-$1,693
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$405,000
$405,000
$75,600
$463,810
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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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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