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$1.6M
$278,627
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,600,000
Medium
$1,400,000
Low
$1,200,000
Confidence
Low
Welcome to Waterview, a tranquil 230-acre estate in Dungowan Valley. This property features a 3-bedroom, 20-year-old brick veneer home with modern amenities and breathtaking views, complemented by a 1-bedroom cottage perfect for rentals or guests. Enjoy the ease of split system air conditioning, ample storage, and a lush garden irrigated by bore water. The property boasts multiple water sources, including a reliable bore system, spring, dams, and creek access. A steel-framed machinery shed with workshop adds functional value. Subdivided into 10 paddocks, the land is well-fenced with excellent pasture potential. The Dungowan village offers local charms and is just a short drive away, with Tamworth City 25 km distant. This is rural living with contemporary comforts.
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Location, 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%
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...
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projected
for 2024 to 2026
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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
Trusted by over 13k property buyers and counting...
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76.2%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$200,000
-$42,733
2.6%
Asking Price
$1,599,000
Estimated Purchase Price
$1,600,000
Stamp Duty
$71,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$160,000
Reg. Mortgage
$164
LMI Premium
$45,213
Renovation Costs
-
Total Cash/Equity Required
$278,627
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
$1,027
$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
$33,993
$48,904
Interest Repayments
$95,040
$95,040
Net Cashflow Before Tax
-$61,047
-$46,136
Depreciation
-
-
Tax Offset
-$18,314
-$13,841
Net Cashflow After Tax
-$42,733
-$32,295
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,495,200
$2,702,966
Loan Balance
I.O
$1,440,000
$1,440,000
$55,200
$1,262,966
