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Withheld
$70,042
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Medium
Discover a charming c1910 cottage on a spacious 2,023sqm block in the quaint town of Owen. This historic home boasts two titles and features original character elements. It offers a comfortable lifestyle with a formal lounge, a rear rumpus room, and three bedrooms. The kitchen is functionally designed with electric appliances and air conditioning. Outdoors, you'll find a large carport, a workshop, and rainwater tanks, all located near community amenities and a one-hour drive from Adelaide CBD. A perfect blend of history, charm, and potential awaits.
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84.4%
-
-
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-$6,532
5.5%
Asking Price
$399,000
Estimated Purchase Price
$420,000
Stamp Duty
$17,330
Transfer Fee
$3,875
Conveyancing
$1,226
Deposit (10%)
$42,000
Reg. Mortgage
$187
LMI Premium
$9,375
Renovation Costs
-
Total Cash/Equity Required
$74,543
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
Rates
+3.0% PA
$1,981
$2,585
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
$15,616
$22,879
Interest Repayments
$24,948
$24,948
Net Cashflow Before Tax
-$9,332
-$2,069
Depreciation
-
-
Tax Offset
-$2,800
-$621
Net Cashflow After Tax
-$6,532
-$1,448
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Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$378,000
$378,000
$70,560
$432,890
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 27.0%
Manufacturing - 17.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 38.0%
Average Income
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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
