$399K
$70,904
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Try Picki for FREEConfidence
High
High
$440,000
Medium
$410,000
Low
$380,000
Confidence
Medium
Discover an intriguing property that promises versatility and comfort. Nestled on a spacious block, the main house offers a tidy 3-bedroom layout with an open-plan kitchen and dining area, alongside a formal lounge. An additional self-contained unit provides the perfect space for rental income, a granny flat, or a teenager's retreat. The property also features a triple carport and a secure garage with a workshop. Conveniently located near Waikerie Primary School and a childcare center, this property presents an excellent opportunity for investors or expanding families.
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75.4%
$298K
4.9%
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-$6,628
5.3%
Asking Price
$410,000
Estimated Purchase Price
$410,000
Stamp Duty
$16,830
Transfer Fee
$3,779
Conveyancing
$1,226
Deposit (10%)
$41,000
Reg. Mortgage
$187
LMI Premium
$9,151
Renovation Costs
-
Total Cash/Equity Required
$72,723
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,752
$2,286
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
$14,885
$21,812
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$9,469
-$2,542
Depreciation
-
-
Tax Offset
-$2,841
-$763
Net Cashflow After Tax
-$6,628
-$1,780
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$369,000
$369,000
$68,880
$422,583
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 27.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 9.0%
Retail Trade - 9.0%
Others - 43.0%
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