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$380K
-
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Try Picki for FREEConfidence
80%
High
$440,000
Medium
$380,000
Low
$320,000
Confidence
70%
Welcome to the heritage Cadell Store featuring a renovated cottage on a spacious 2,072m2 double corner allotment. Located within Cadell township, just 1.4km from the riverfront, this unique property combines residential comfort with commercial potential. The store includes a 4.8m x 6.9m showroom and additional room, providing ample space for business or expansion. The cottage boasts three bedrooms, with the master bedroom offering generous space. Recent updates include new carpets, split system air conditioners, and a modern kitchen. Outdoor features comprise a large double garage for extensive parking. With proximity to local facilities and a thriving community, this property promises both lifestyle and potential.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 26.0%
Retail Trade - 9.0%
Accommodation and Food Services - 8.0%
Public Administration and Safety - 7.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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Trusted by over 13,000 property buyers and counting...
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
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2%
58.4%
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Try Picki for FREE$30,000
-$5,257
5.7%
Asking Price
$380,000
Estimated Purchase Price
$350,000
Stamp Duty
$13,830
Transfer Fee
$3,203
Conveyancing
$1,226
Deposit (10%)
$35,000
Reg. Mortgage
$187
LMI Premium
$7,812
Renovation Costs
-
Total Cash/Equity Required
$61,808
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,438
$1,876
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
$13,279
$19,489
Interest Repayments
$20,790
$20,790
Net Cashflow Before Tax
-$7,511
-$1,301
Depreciation
-
-
Tax Offset
-$2,253
-$390
Net Cashflow After Tax
-$5,257
-$911
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$315,000
$315,000
$90,840
$418,662
