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$460K
$65,554
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$460,000
Low
$440,000
Confidence
Medium
A spacious family home offering abundant potential for customization and value addition. This single-level residence includes two separate living areas, four bedrooms, and a central kitchen. High ceilings and timber floors accentuate the front living space, which features a sunroom and brick fireplace. The rear section could serve as a granny flat, complete with the fourth bedroom, a second bathroom, and flexi space. A large workshop offers substantial space and storage. Set on a private and leafy block, the property is conveniently situated near local amenities, Tamworth South Public School, and Tamworth CBD.
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40.4%
$420K
5.4%
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Try Picki for FREE$25,000
-$6,051
5.4%
Asking Price
$460,000
Estimated Purchase Price
$435,000
Stamp Duty
$14,310
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$43,500
Reg. Mortgage
$164
LMI Premium
$8,684
Renovation Costs
-
Total Cash/Equity Required
$68,854
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,194
$24,995
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$8,645
-$844
Depreciation
-
-
Tax Offset
-$2,593
-$253
Net Cashflow After Tax
-$6,051
-$591
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$391,500
$391,500
$99,780
$496,617
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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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Trusted by over 13,000 property buyers and counting...
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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
