$695K
$101,252
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Try Picki for FREEConfidence
80%
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
70%
Escape the hustle with this charming three-bedroom home in Bendemeer, boasting views of the Macdonald River. Enjoy modern comforts with a recently renovated open-plan kitchen and bathroom. The cozy woodfire keeps you warm in winter, while the large covered deck offers perfect entertainer space. The property includes a multipurpose room, ideal as an office or craft space, along with a lovely cottage garden and private river access. Experience country living just 30 to 40 minutes from Tamworth and Armidale. This peaceful, private home awaits your visit.
Trusted by over 13k property buyers and counting...
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73.7%
$990K
2.1%
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Try Picki for FREE$85,000
-$15,056
3.3%
Asking Price
$680,000
Estimated Purchase Price
$595,000
Stamp Duty
$21,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$59,500
Reg. Mortgage
$164
LMI Premium
$15,321
Renovation Costs
-
Total Cash/Equity Required
$98,691
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
$1,027
$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
$13,834
$20,213
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$21,509
-$15,130
Depreciation
-
-
Tax Offset
-$6,453
-$4,539
Net Cashflow After Tax
-$15,056
-$10,591
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$535,500
$535,500
$190,740
$777,369
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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