$1.69M
$295,121
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,800,000
Medium
$1,620,000
Low
$1,440,000
Confidence
Low
Discover a 285-acre sanctuary at Toodamilly, a serene retreat at 322 Neringla Road, Araluen, just 24 kilometers from Braidwood. This extensively renovated brick home offers modern comforts amidst rural charm with endless views. The property spans diverse landscapes, perfect for exploration on foot, horseback, or bike. The house features 3 bedrooms, a study, a butler's pantry, and a modern kitchen. A separate studio and ample water storage enhance the allure of this unique lifestyle investment opportunity.
Trusted by over 13k property buyers and counting...
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90.8%
$1.35M
2.3%
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Try Picki for FREE-$60,000
-$46,136
2.5%
Asking Price
$1,680,000
Estimated Purchase Price
$1,680,000
Stamp Duty
$75,455
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$168,000
Reg. Mortgage
$164
LMI Premium
$47,473
Renovation Costs
-
Total Cash/Equity Required
$293,288
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
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
$33,883
$48,761
Interest Repayments
$99,792
$99,792
Net Cashflow Before Tax
-$65,909
-$51,031
Depreciation
-
-
Tax Offset
-$19,773
-$15,309
Net Cashflow After Tax
-$46,136
-$35,722
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,730,160
$3,127,718
Loan Balance
I.O
$1,512,000
$1,512,000
$218,160
$1,615,718
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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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projected
for 2024 to 2026
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Sold Price
Asking Price