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$750K
$114,730
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$920,000
Low
$840,000
Confidence
Not Found
Located at 11 Richards Road, Postmans Ridge, this beautifully renovated family home sits on a vast 5-acre lot just 15 minutes from Toowoomba. The house features three spacious bedrooms with built-in robes, a main suite with a walk-in robe and potential ensuite, and multiple living areas with modern amenities like a Miele induction cooker and reverse cycle air conditioning. Enjoy the expansive outdoor space, complete with fully fenced yards, double lock-up garages, a stock and domestic bore, and a large dam, perfect for embracing a rural lifestyle with modern comforts.
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80.9%
$825K
3.3%
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Try Picki for FREE$105,000
-$37,772
-
Asking Price
$860,000
Estimated Purchase Price
$815,000
Stamp Duty
$29,700
Transfer Fee
$2,921
Conveyancing
$1,665
Deposit (10%)
$81,500
Reg. Mortgage
$224
LMI Premium
$23,014
Renovation Costs
-
Total Cash/Equity Required
$139,573
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,549
-$7,240
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$53,960
-$55,651
Depreciation
-
-
Tax Offset
-$16,188
-$16,695
Net Cashflow After Tax
-$37,772
-$38,956
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$982,560
$1,776,235
Loan Balance
I.O
$733,500
$733,500
$249,060
$1,042,735
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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...
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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
