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$190K
$26,155
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$165,000
Medium
$155,000
Low
$145,000
Confidence
Not Applicable
This property is situated a short 10-minute drive from Gatton, with Toowoomba just 30-minute away. It includes a substantial 10m x 15m Besser brick shed, featuring a concrete floor, power, a kitchenette, and a toilet room connected to town water. However, it's important to note that this location is subject to flooding, and building a residence on the property is not permissible.
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77.9%
$370K
7.7%
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Try Picki for FREE$20,000
-$9,498
-
Asking Price
$155,000
Estimated Purchase Price
$135,000
Stamp Duty
$3,150
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$13,500
Reg. Mortgage
$224
LMI Premium
$2,284
Renovation Costs
-
Total Cash/Equity Required
$21,598
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
$8,019
$8,019
Net Cashflow Before Tax
-$13,568
-$15,259
Depreciation
-
-
Tax Offset
-$4,070
-$4,578
Net Cashflow After Tax
-$9,498
-$10,681
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Year 1
Year 10
Property Value
6.8%
$165,540
$299,257
Loan Balance
I.O
$121,500
$121,500
$44,040
$177,757
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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
