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Withheld
$1,776
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Try Picki for FREEConfidence
High
High
$160,000
Medium
$140,000
Low
$120,000
Confidence
Medium
Discover a prime riverfront retreat just 2 minutes from Mannum ferry. This property boasts two private waterfront sites featuring lush lawns, a swim beach, a jetty, and a unique houseboat mooring. Set amidst tall shady gum trees, the property offers an idyllic park-like setting with river views and thriving birdlife, unaffected by recent floods. The shack includes an open-plan living area with a spacious kitchen, three bedrooms, wood heater, and new reverse cycle air conditioning. Enjoy a fabulous outdoor entertainment area with a bali hut and an outdoor kitchen. Equipped with a 6KW solar system, the property offers affordable living and endless boating and water sport opportunities. Conveniently located, it's a short drive to the town center and only an hour from the city. Ready for immediate use and fully furnished, it's perfect for river holidays or a potential rental investment.
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Location, 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
0%
71.4%
$138K
11.5%
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Try Picki for FREE$10,000
+
14.0%
Asking Price
-
Estimated Purchase Price
$130,000
Stamp Duty
$4,030
Transfer Fee
$1,091
Conveyancing
$1,226
Deposit (10%)
$13,000
Reg. Mortgage
$187
LMI Premium
$2,243
Renovation Costs
-
Total Cash/Equity Required
$22,327
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,840
$17,439
Interest Repayments
$7,722
$7,722
Net Cashflow Before Tax
$4,118
$9,717
Depreciation
-
-
Tax Offset
$1,235
$2,915
Net Cashflow After Tax
$2,882
$6,802
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$149,520
$270,297
Loan Balance
I.O
$117,000
$117,000
$32,520
$153,297
