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$585K
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$575,000
Low
$550,000
Confidence
Not Applicable
Discover a charming haven that caters to families, equestrians, or a solitary retreat on 5 acres. This 2-bedroom home comes with air conditioning and modern amenities. Enjoy a contemporary kitchen equipped with a gas stove and rangehood. The main bedroom features built-ins and air conditioning. Benefit from eco-friendly energy with a 2.4kW solar system. Storage is abundant with a powered zinc shed and a carport. Water resources include a dam and significant rainwater storage. The property is fully fenced, nestled in a tranquil rural spot, yet close to town with bitumen road access.
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78.6%
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Try Picki for FREE$65,000
-$24,527
-
Asking Price
$585,000
Estimated Purchase Price
$510,000
Stamp Duty
$16,275
Transfer Fee
$1,615
Conveyancing
$1,665
Deposit (10%)
$51,000
Reg. Mortgage
$224
LMI Premium
$11,165
Renovation Costs
-
Total Cash/Equity Required
$82,494
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,093
$1,426
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
-$4,744
-$6,190
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$35,038
-$36,484
Depreciation
-
-
Tax Offset
-$10,511
-$10,945
Net Cashflow After Tax
-$24,527
-$25,539
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$614,100
$1,110,147
Loan Balance
I.O
$459,000
$459,000
$155,100
$651,147
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
Manufacturing - 18.0%
Agriculture, Forestry and Fishing - 13.0%
Education and Training - 11.0%
Retail Trade - 9.0%
Others - 49.0%
Average Income
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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)
No data available
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
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