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$195K
$33,220
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Try Picki for FREEConfidence
High
High
$220,000
Medium
$195,000
Low
$170,000
Confidence
Medium
This listing presents a flood-damaged shack located near the picturesque Murray River in Punyelroo. The property sits on a 614m2 freehold block and is ripe for renovation or rebuild, offering significant value for someone looking to create a weekend retreat or permanent residence. While requiring reconnections of utilities like power and a septic tank pump-out, the location’s proximity to the river, boat ramp, and Swan Reach makes it desirable. Adjoining crown land provides additional space for leisure, and the property features a large shed, two tin sheds, and water tanks.
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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
0%
60%
-
-
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-$3,180
6.7%
Asking Price
$195,000
Estimated Purchase Price
$195,000
Stamp Duty
$6,630
Transfer Fee
$1,763
Conveyancing
$1,226
Deposit (10%)
$19,500
Reg. Mortgage
$187
LMI Premium
$3,364
Renovation Costs
-
Total Cash/Equity Required
$33,220
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
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
$7,040
$10,608
Interest Repayments
$11,583
$11,583
Net Cashflow Before Tax
-$4,543
-$975
Depreciation
-
-
Tax Offset
-$1,363
-$293
Net Cashflow After Tax
-$3,180
-$683
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$208,260
$376,485
Loan Balance
I.O
$175,500
$175,500
$32,760
$200,985
