Withheld
$50,247
"On the beautiful Murray River, this homes offers an abundance of lifestyle choices. Capturing uninterrupted views on the river. Drop your boat, kayak, skis or Jetski into the river, straight across from your home. Or enjoy a round of Golf, at the Corowa Golf Club, only 1,000m away, with a cinema, and great dining options. This solid built home, enjoys the master bedroom to the front of the home with Ens, and built in robes. Then stepping up into the centre of the home, you have a large lounge room, and second living, separate dining area and a great sized kitchen, with stone benchtop, 600mm oven and electric cook top, plenty of cupboard and pantry space. Bed 2 and 3 are serviced by the family bathroom, with separate wc, and a good sized laundry. Your comfort is assured with reverse cycle heating and cooling ducted throughout. Past the alfresco is a gorgeous blue inground pool, as well as another room, that may be used as an office or additional storage. The large garage 7.5x10.2m will fit all your toys ,and has a remote garage door with rear access. Call Jo Mackenzie to book your viewing on 0429 102 461"
-
77.7%
$485K
4.7%
$30,000
-$5,741
5.4%
4.0%
-8.3%
6.0%
Asking Price
-
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
$583
$761
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
$17,638
$25,574
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$8,201
-$265
Depreciation
-
-
Tax Offset
-$2,460
-$79
Net Cashflow After Tax
-$5,741
-$185
Assumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$391,500
$391,500
$105,120
$506,271
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 17.0%
Accommodation and Food Services - 12.0%
Retail Trade - 8.0%
Others - 44.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price