$475K
$65,554
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Welcome to 511 Fanny Street Bendemeer, a spacious family home set on a generous 2,400 square meter block. Positioned in picturesque Bendemeer, only 40 km from Tamworth, this property offers a relaxed lifestyle with the advantage of potentially subdividing in the future. The home features four sizeable bedrooms, a modern kitchen with stone benchtops, and a vast living area, along with additional comforts like a reverse cycle air conditioning and wood fire heater. The standout feature is an expansive, recently built shed equipped to handle large vehicles and gatherings. The home's location provides easy access to a school, general store, and hotel, complemented by connections to town water, a significant water tank, solar power, and septic system. Enjoy beautiful garden spaces and ample room for outdoor activities.
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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 2025 to 2027
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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
Below are some similar properties in the area you may be interested in.
0%
73.7%
$415K
5.2%
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Try Picki for FREE$25,000
-$6,675
5.2%
Asking Price
$485,000
Estimated Purchase Price
$450,000
Stamp Duty
$14,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$45,000
Reg. Mortgage
$164
LMI Premium
$8,984
Renovation Costs
-
Total Cash/Equity Required
$71,328
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
$1,027
$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
$17,194
$24,995
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$9,536
-$1,735
Depreciation
-
-
Tax Offset
-$2,861
-$521
Net Cashflow After Tax
-$6,675
-$1,215
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$405,000
$405,000
$102,300
$512,078