$450K
$62,255
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
42 Gunnedah Road, West Tamworth features a charming three-bedroom, one-bathroom home on an 816 sqm lot. The living area includes year-round comfort with evaporative cooling, a reverse cycle unit, and gas heating. The kitchen connects to the dining area, perfect for meals and entertaining. Spacious bedrooms with built-in robes add to the home's appeal. Outside, a single garage and large shed offer ample storage. Fitted with 10.6 kW solar panels, the home stands out for energy efficiency. Close to amenities, schools, and public transport, this property offers a convenient lifestyle.
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56.5%
$255K
6.3%
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Try Picki for FREE$55,000
-$5,396
5.5%
Asking Price
$450,000
Estimated Purchase Price
$395,000
Stamp Duty
$12,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$39,500
Reg. Mortgage
$164
LMI Premium
$7,886
Renovation Costs
-
Total Cash/Equity Required
$62,255
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,754
$22,945
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$7,709
-$518
Depreciation
-
-
Tax Offset
-$2,313
-$155
Net Cashflow After Tax
-$5,396
-$362
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$355,500
$355,500
$125,100
$513,310
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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...
Try Picki for FREEAverage Population
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