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$1.9M
$368,404
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,700,000
Low
$1,500,000
Confidence
Medium
BINGFIELD offers a distinctive near-city rural lifestyle with its historical farmhouse and modern architectural wing, presenting sensational farmland views. The property features extensive living space, a modern kitchen, and eco-friendly energy solutions. It provides commercial opportunities with 28 acres of woodlot plantations and bed & breakfast potential with a separate studio. Positioned amidst ten paddocks and ample outdoor space, BINGFIELD supports a sustainable lifestyle with a high-quality water supply and ample sheds. It’s an ideal setting for families and entrepreneurs, just a short drive from major towns.
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81.6%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$200,000
-$63,590
1.6%
Asking Price
$1,900,000
Estimated Purchase Price
$1,900,000
Stamp Duty
$98,330
Transfer Fee
$18,083
Conveyancing
$1,226
Deposit (10%)
$190,000
Reg. Mortgage
$187
LMI Premium
$60,028
Renovation Costs
-
Total Cash/Equity Required
$368,404
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,018
$32,028
Interest Repayments
$112,860
$112,860
Net Cashflow Before Tax
-$90,842
-$80,832
Depreciation
-
-
Tax Offset
-$27,253
-$24,250
Net Cashflow After Tax
-$63,590
-$56,582
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,815,600
$3,282,173
Loan Balance
I.O
$1,710,000
$1,710,000
$105,600
$1,572,173
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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
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...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
