$380K
$67,265
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Try Picki for FREEConfidence
High
High
$420,000
Medium
$380,000
Low
$340,000
Confidence
Not applicable for this example
Discover this charming 3-bedroom stone cottage, nestled on a spacious allotment surrounded by vibrant gardens. The double-fronted cottage offers high ceilings and beautiful floorboards throughout. Inside, a large lounge with an open fire creates a warm atmosphere. The modernized kitchen ensures functionality and style. Additionally, there's a bathroom, a garage-workshop, and a garden shed that doubles as a man cave. This property is ideal for those who appreciate historical charm combined with modern conveniences.
Trusted by over 13k property buyers and counting...
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74.9%
$320K
4.2%
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-$19,623
-
Asking Price
$380,000
Estimated Purchase Price
$380,000
Stamp Duty
$15,330
Transfer Fee
$3,491
Conveyancing
$1,226
Deposit (10%)
$38,000
Reg. Mortgage
$187
LMI Premium
$8,482
Renovation Costs
-
Total Cash/Equity Required
$67,266
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,940
$2,531
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,461
-$7,125
Interest Repayments
$22,572
$22,572
Net Cashflow Before Tax
-$28,033
-$29,697
Depreciation
-
-
Tax Offset
-$8,410
-$8,909
Net Cashflow After Tax
-$19,623
-$20,788
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$342,000
$342,000
$63,840
$391,662
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 18.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 48.0%
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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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)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price