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$799K
$165,819
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$850,000
Low
$720,000
Confidence
Medium
This welcoming 1960s timber-framed family home sits on a generous 1610m² block. With neutral tones and timber flooring throughout, it offers a warm and inviting feel. Positioned across from local school recreational facilities, it has a large private rear verandah, providing serene rural views. Key highlights include a vast garage/workshop ideal for tradespeople, a circular driveway, open-plan living areas, and a spacious garden with an extensive chook run. The property is currently rented for $460 per week, making it an attractive investment opportunity for those seeking space and practicality in a central location.
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87.4%
$906K
3.9%
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Try Picki for FREE-$10,000
-$17,582
3.9%
Asking Price
$799,000
Estimated Purchase Price
$860,000
Stamp Duty
$41,130
Transfer Fee
$8,099
Conveyancing
$1,226
Deposit (10%)
$86,000
Reg. Mortgage
$187
LMI Premium
$24,760
Renovation Costs
-
Total Cash/Equity Required
$161,952
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
$1,710
$2,231
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
$25,966
$37,578
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$25,118
-$13,506
Depreciation
-
-
Tax Offset
-$7,535
-$4,052
Net Cashflow After Tax
-$17,582
-$9,454
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$774,000
$774,000
$133,800
$867,086
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
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
