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$525K
$84,525
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Low
Discover a cozy 1900s cottage, nestled in a private and peaceful setting, surrounded by the scenic Crown reserve land of Long Flat Reserve. This property is located 3km from Majors Creek and 15km from historic Braidwood. The home awaits your creative touch, complete with an east-facing sunroom, three bedrooms, a basic kitchen, and a cozy living room with a combustion fireplace, all sitting on a productive 1-acre garden with fruit trees. The land also features a dam and bore water. Additional amenities include a 7.4x6m double garage and a 7.4x5.9m carport.
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83.8%
$491K
5.2%
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Try Picki for FREE-$5,000
-$11,118
4.2%
Asking Price
$550,000
Estimated Purchase Price
$555,000
Stamp Duty
$19,710
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$55,500
Reg. Mortgage
$164
LMI Premium
$11,080
Renovation Costs
-
Total Cash/Equity Required
$88,650
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
$1,137
$1,484
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
$17,084
$24,851
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$15,883
-$8,116
Depreciation
-
-
Tax Offset
-$4,765
-$2,435
Net Cashflow After Tax
-$11,118
-$5,681
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$499,500
$499,500
$87,900
$562,379
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2021 Population
Suburbs
Construction - 15.0%
Public Administration and Safety - 13.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Others - 53.0%
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
