$1.08M
$204,497
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,130,000
Medium
$1,030,000
Low
$930,000
Confidence
Medium
Discover a unique property rich in history and local heritage. Originally built in 1880 by the Oddfellows Society, this versatile residence is centrally located in the Township next to the oval and Primary School. The home has served many functions, including Council meeting place and antique store. It retains its original ambiance with a grand hall featuring Baltic timber flooring and a heritage fireplace by Sir Douglas Mawson. A modern kitchen with gas appliances anchors the home, which offers three bedrooms, including a charming mezzanine. Enjoy outdoor entertaining with a woodfire stove and lush gardens full of mature plants. The property boasts commercial and residential zoning, solar power, ample water supply, and climate control options. This unique home blends historic charm with modern amenities, offering endless possibilities.
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70.1%
-
-
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Try Picki for FREE-$50,000
-$30,502
2.6%
Asking Price
$1,080,000
Estimated Purchase Price
$1,080,000
Stamp Duty
$53,230
Transfer Fee
$10,211
Conveyancing
$1,226
Deposit (10%)
$108,000
Reg. Mortgage
$187
LMI Premium
$31,093
Renovation Costs
-
Total Cash/Equity Required
$204,497
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$2,299
$3,000
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
$20,578
$29,979
Interest Repayments
$64,152
$64,152
Net Cashflow Before Tax
-$43,574
-$34,173
Depreciation
-
-
Tax Offset
-$13,072
-$10,252
Net Cashflow After Tax
-$30,502
-$23,921
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,100,040
$1,988,611
Loan Balance
I.O
$972,000
$972,000
$128,040
$1,016,611
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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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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