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$480K
$84,525
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$460,000
Low
$440,000
Confidence
Not Found
Discover tranquility and opportunity at 11 Campfire Road, a dual-home estate set on a sprawling 4,047 square metre block by the McDonald River. The original three-bedroom home boasts a large deck with stunning views, wood fires, and split-system air conditioning. An additional two-bedroom home features modern amenities and comforting warmth. A separate bedsitter adds versatility as an office or extra bedroom. This self-sufficient property, rich in fruit and nut trees, includes ample water resources, animal shelters, and sheds. Situated within walking distance of Woolbrook Public School, it is a potential haven for families or investors seeking Airbnb income.
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66.3%
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-
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Try Picki for FREE-$55,000
-$24,497
-
Asking Price
$480,000
Estimated Purchase Price
$515,000
Stamp Duty
$17,910
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$51,500
Reg. Mortgage
$164
LMI Premium
$10,281
Renovation Costs
-
Total Cash/Equity Required
$82,051
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,404
-$5,746
Interest Repayments
$30,591
$30,591
Net Cashflow Before Tax
-$34,995
-$36,337
Depreciation
-
-
Tax Offset
-$10,499
-$10,901
Net Cashflow After Tax
-$24,497
-$25,436
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$463,500
$463,500
$27,780
$424,617
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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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
