The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$340K
$53,292
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$400,485
Medium
$359,950
Low
$319,415
Confidence
N/A
Escape the hustle and bustle and find tranquility in Karuah's picturesque riverside town. Located in the coveted Iron Bark Estate, this elevated and level lot offers an excellent canvas to build your dream home. The lot is fenced on three sides and features a north-facing rear, perfect for sunlit living areas. Just a 5-minute drive from the beautiful Karuah River, the area is ideal for those who love boating, fishing, and water sports. This prime location is surrounded by quality homes, offering both beauty and convenience.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
65.1%
$555K
4.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-
-$18,217
-
Asking Price
$359,950
Estimated Purchase Price
$360,000
Stamp Duty
$10,935
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$36,000
Reg. Mortgage
$164
LMI Premium
$7,187
Renovation Costs
-
Total Cash/Equity Required
$56,482
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,263
$1,648
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
-$4,640
-$6,054
Interest Repayments
$21,384
$21,384
Net Cashflow Before Tax
-$26,024
-$27,438
Depreciation
-
-
Tax Offset
-$7,807
-$8,231
Net Cashflow After Tax
-$18,217
-$19,207
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$324,000
$324,000
$60,480
$371,048
Below are some similar properties in the area you may be interested in.
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 - 18.0%
Retail Trade - 14.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 49.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
