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$769K
$138,665
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Try Picki for FREEConfidence
High
High
$859,000
Medium
$799,000
Low
$739,000
Confidence
Medium
Nestled on a 1.04-hectare block in the tranquil Kensington Grove, this property offers a serene rural lifestyle with modern conveniences. It features a spacious master bedroom with a walk-in robe and ensuite in a three-bedroom layout. The property ensures comfort with air conditioning and outdoor enjoyment with a wraparound patio. With three 40,000L water tanks, trickle-feed town water, a septic tank system, and 3-phase power to a 6x9m shed, it's perfect for self-sufficiency. The carport provides ample vehicle space. Conveniently located near schools, an IGA, and a tavern, it's ideal for expansion, development, or embracing countryside peace.
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
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
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
0%
72.9%
$737K
4.6%
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Try Picki for FREE-$25,000
-$19,709
3.5%
Asking Price
$799,000
Estimated Purchase Price
$825,000
Stamp Duty
$30,150
Transfer Fee
$2,963
Conveyancing
$1,665
Deposit (10%)
$82,500
Reg. Mortgage
$224
LMI Premium
$23,296
Renovation Costs
-
Total Cash/Equity Required
$141,348
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,898
$2,476
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$20,849
$30,332
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$28,156
-$18,673
Depreciation
-
-
Tax Offset
-$8,447
-$5,602
Net Cashflow After Tax
-$19,709
-$13,071
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$742,500
$742,500
$111,900
$802,052
