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Withheld
$2,030
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Try Picki for FREEConfidence
High
High
$260,000
Medium
$240,000
Low
$220,000
Confidence
Medium
Discover 76 Babbinboon Road, an equestrian gem located just 33 kilometers from Tamworth, spanning over 100 acres. Built in 2010, the charming four-bedroom, two-bathroom homestead features a wrap-around timber verandah and is equipped with modern amenities including ducted air conditioning and a gas cooktop. The property caters to professional horse trainers with a well-designed infrastructure, including quality sand arenas, extensive stables, and cattle yards. It's powered by renewable energy with a 5.4 kW solar system and boasts ample water supply from two bores and four water tanks. The land is fully arable, offering a perfect blend of functionality and natural beauty.
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73.1%
$240K
9.8%
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+
10.0%
Asking Price
-
Estimated Purchase Price
$235,000
Stamp Duty
$6,470
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$23,500
Reg. Mortgage
$164
LMI Premium
$3,626
Renovation Costs
-
Total Cash/Equity Required
$35,956
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
$13,959
$13,959
Net Cashflow Before Tax
$3,235
$11,036
Depreciation
-
-
Tax Offset
$971
$3,311
Net Cashflow After Tax
$2,265
$7,725
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Year 1
Year 10
Property Value
6.8%
$256,320
$463,366
Loan Balance
I.O
$211,500
$211,500
$44,820
$251,866
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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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projected
for 2024 to 2026
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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
