$260K
$35,203
Confidence
High
High
$360,000
Medium
$330,000
Low
$300,000
Confidence
Moderate
"Welcome to 66 Prince Street, Koorawatha This charming 2 bedroom, 1 bathroom house is the perfect countryside retreat. Situated on a spacious 856 sqm corner block, this property offers plenty of room to relax and enjoy the outdoors. The house features a cozy interior with wood paneling throughout, giving it a rustic and inviting feel. The kitchen is equipped with all the essentials for cooking up delicious meals, and the backyard is the perfect spot for enjoying a morning coffee or hosting a BBQ with friends. With a large garage providing ample storage space for vehicles and outdoor equipment, this property has everything you need for country living. Dont miss your chance to own this peaceful retreat in the heart of Koorawatha. Contact us today to schedule a viewing"
-
79.5%
$250K
6.9%
$60,000
-$2,237
6.7%
4.8%
-5.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$290,000
Estimated Purchase Price
$270,000
Stamp Duty
$7,695
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$27,000
Reg. Mortgage
$164
LMI Premium
$4,166
Renovation Costs
-
Total Cash/Equity Required
$41,221
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$580
$757
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
$12,842
$18,747
Interest Repayments
$16,038
$16,038
Net Cashflow Before Tax
-$3,196
$2,709
Depreciation
-
-
Tax Offset
-$959
$813
Net Cashflow After Tax
-$2,237
$1,896
Assumptions
Year 1
Year 10
Property Value
6.8%
$352,440
$637,128
Loan Balance
I.O
$243,000
$243,000
$109,440
$394,128
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 22.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 11.0%
Education and Training - 8.0%
Others - 48.0%
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