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$1000K
$172,381
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Escape to the country with this unique, versatile property offering three distinct living areas, perfect for extended families or a multigenerational home. The main residence includes three bedrooms, a master suite with an ensuite, and an open-plan kitchen, dining, and lounge area. The home features 9ft insulated ceilings and 8ft verandahs for stunning views. Downstairs, enjoy a spacious open-plan kitchen, dining, and living area with an additional bathroom and bedroom. The shed doubles as an office space with potential for guest accommodation. Set on 1.18 hectares, the property offers town water, a 6.5 kW solar system, dual access, and potential for further development. It's both an ideal home and an excellent investment opportunity.
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80.2%
$550K
4.7%
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Try Picki for FREE-$50,000
-$37,381
2.3%
Asking Price
$1,250,000
Estimated Purchase Price
$1,250,000
Stamp Duty
$52,400
Transfer Fee
$4,732
Conveyancing
$1,665
Deposit (10%)
$125,000
Reg. Mortgage
$224
LMI Premium
$38,734
Renovation Costs
-
Total Cash/Equity Required
$223,305
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
$74,250
$74,250
Net Cashflow Before Tax
-$53,401
-$43,918
Depreciation
-
-
Tax Offset
-$16,020
-$13,175
Net Cashflow After Tax
-$37,381
-$30,743
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,125,000
$1,125,000
$156,600
$1,191,828
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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
