$930K
$159,959
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Try Picki for FREEConfidence
High
High
$960,000
Medium
$920,000
Low
$880,000
Confidence
Medium
Discover a perfect lifestyle opportunity at 28 Galligan Road, Springside. Just 8km from Pittsworth, this 6.52-acre property offers expansive living with a 3-bedroom house built in 2008. The open-plan kitchen, dining, and living areas feature a comfortable reverse cycle air conditioner. Practical amenities include dog-proof fencing, a substantial garage, a loading ramp, and a 40-foot container with a work area. Enjoy significant convenience with 3-phase power and proximity to road train routes, schools, and city access, all coupled with the tranquility of a rural setting.
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90.3%
-
-
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Try Picki for FREE-$10,000
-$27,343
2.5%
Asking Price
$930,000
Estimated Purchase Price
$930,000
Stamp Duty
$34,875
Transfer Fee
$3,384
Conveyancing
$1,665
Deposit (10%)
$93,000
Reg. Mortgage
$224
LMI Premium
$26,261
Renovation Costs
-
Total Cash/Equity Required
$159,959
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
$1,766
$2,304
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
$16,181
$23,673
Interest Repayments
$55,242
$55,242
Net Cashflow Before Tax
-$39,061
-$31,569
Depreciation
-
-
Tax Offset
-$11,718
-$9,471
Net Cashflow After Tax
-$27,343
-$22,098
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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
$837,000
$837,000
$145,560
$939,235
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
Average Income
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Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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