$790K
$153,297
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Try Picki for FREEConfidence
High
High
$1,058,860
Medium
$1,017,750
Low
$950,000
Confidence
Not Applicable
This charming 3-bedroom brick country home, spread over 13.5 acres, combines tranquil rural living with modern amenities. A second cottage, currently rented, offers potential income. The home features a modern kitchen and living space with two bedrooms equipped with ceiling fans. Outside, the property includes horse stables, sheds, and a chicken run. An inventive adaptation turns the swimming pool into an underground rainwater tank. With access to mains, bore, and rainwater, this peaceful estate near Riverton caters to a variety of lifestyles.
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83.2%
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-
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Try Picki for FREE$205,000
-$37,710
-
Asking Price
$790,000
Estimated Purchase Price
$815,000
Stamp Duty
$38,655
Transfer Fee
$7,715
Conveyancing
$1,226
Deposit (10%)
$81,500
Reg. Mortgage
$187
LMI Premium
$23,464
Renovation Costs
-
Total Cash/Equity Required
$153,297
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,940
$2,531
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
-$5,461
-$7,125
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$53,872
-$55,536
Depreciation
-
-
Tax Offset
-$16,162
-$16,661
Net Cashflow After Tax
-$37,710
-$38,875
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,089,360
$1,969,304
Loan Balance
I.O
$733,500
$733,500
$355,860
$1,235,804
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 18.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 48.0%
Average Income
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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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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