$729K
$133,695
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Try Picki for FREEConfidence
Medium
High
$800,000
Medium
$725,000
Low
$650,000
Confidence
Low
Discover a unique opportunity in the up-and-coming village of Tarcutta. This remarkable 5-acre property features a main brick home with five spacious bedrooms and an open-plan living area, accompanied by a historical schoolhouse with three extra-large classrooms currently utilized by the local men's shed. With multiple lockable sheds and a separate toilet block, the property offers vast potential. Situated on four titles, it provides options for subdivision or maintaining expansive grounds. The strategic location promises significant capital growth, bolstered by the forthcoming HumeLink project, appealing to savvy investors.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
No data available
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%
73.5%
$322K
6.5%
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Try Picki for FREE-$165,000
-$25,023
2.6%
Asking Price
$829,000
Estimated Purchase Price
$890,000
Stamp Duty
$34,785
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$89,000
Reg. Mortgage
$164
LMI Premium
$22,918
Renovation Costs
-
Total Cash/Equity Required
$149,063
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
$1,102
$1,438
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
$17,119
$24,897
Interest Repayments
$52,866
$52,866
Net Cashflow Before Tax
-$35,747
-$27,969
Depreciation
-
-
Tax Offset
-$10,724
-$8,391
Net Cashflow After Tax
-$25,023
-$19,578
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$774,300
$1,399,750
Loan Balance
I.O
$801,000
$801,000
-$26,700
$598,750