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$700K
$132,024
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Try Picki for FREEConfidence
High
High
$830,000
Medium
$780,000
Low
$730,000
Confidence
Medium
Discover an eco-friendly oasis at 16 Cumbria Way, Craigmore, featuring four spacious bedrooms with an additional flexible space for a fifth bedroom or office. In a quiet cul-de-sac, the home offers seamless living areas, an outdoor haven complete with a combustion fireplace, and a luxurious mineral pool. Energy-efficient with two solar systems, this sanctuary is designed for year-round comfort. Enjoy close proximity to schools, shopping, and parks in a family-friendly neighborhood. Secure parking, ample storage, and modern amenities make this property an ideal family retreat.
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91.8%
$613K
5.3%
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-$14,410
4.3%
Asking Price
-
Estimated Purchase Price
$780,000
Stamp Duty
$36,730
Transfer Fee
$7,331
Conveyancing
$1,226
Deposit (10%)
$78,000
Reg. Mortgage
$187
LMI Premium
$22,456
Renovation Costs
-
Total Cash/Equity Required
$146,480
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,930
$2,518
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
$25,746
$37,291
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$20,586
-$9,041
Depreciation
-
-
Tax Offset
-$6,176
-$2,712
Net Cashflow After Tax
-$14,410
-$6,328
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Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$702,000
$702,000
$131,040
$803,938
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
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
