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$635K
$107,229
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
Discover a 3-bedroom home set on a sprawling 7721m2 (almost 2 acres) in the picturesque village of Majors Creek. With a strong resemblance to The Southern Highlands, the property features lush green fields, historic buildings, and a lively community. This solar passive home faces north, inviting the sun to maximize energy efficiency. Additional features include slab heating and a wood fire for chilly nights. A chain of ponds enhances the property's natural beauty and offers water resources for gardens or horses. Recently repainted, this charming country retreat welcomes inspections by appointment any day of the week.
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83.8%
$491K
5.2%
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Try Picki for FREE-$20,000
-$17,004
3.1%
Asking Price
$635,000
Estimated Purchase Price
$640,000
Stamp Duty
$23,535
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$64,000
Reg. Mortgage
$164
LMI Premium
$16,480
Renovation Costs
-
Total Cash/Equity Required
$106,375
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,724
$20,069
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$24,292
-$17,947
Depreciation
-
-
Tax Offset
-$7,287
-$5,384
Net Cashflow After Tax
-$17,004
-$12,563
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$576,000
$576,000
$86,160
$621,028
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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
