$950K
$138,818
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,140,000
Medium
$1,030,000
Low
$920,000
Confidence
Medium
Explore a 100-acre retreat promising a serene lifestyle. This expansive property features a spacious home with four large bedrooms and dual living areas. The structure requires some renovation but boasts high ceilings and durable, polished timber floors. Outdoors, enjoy a three-bay shed with a workshop, an inground pool, cattle yards, and water tanks. The land offers ample opportunities for agriculture with cleared fields, bush pockets, three dams, and a seasonal creek. Conveniently located just 12 minutes from Eungai Rail, this property invites those ready to transform potential into reality.
Trusted by over 13k property buyers and counting...
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84.5%
$559K
4.7%
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Try Picki for FREE$150,000
-$21,208
3.3%
Asking Price
$950,000
Estimated Purchase Price
$880,000
Stamp Duty
$34,335
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$88,000
Reg. Mortgage
$164
LMI Premium
$22,660
Renovation Costs
-
Total Cash/Equity Required
$147,355
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,975
$31,801
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$30,297
-$20,471
Depreciation
-
-
Tax Offset
-$9,089
-$6,141
Net Cashflow After Tax
-$21,208
-$14,329
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$792,000
$792,000
$308,040
$1,196,611
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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