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$310K
$61,808
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Try Picki for FREEConfidence
High
High
$340,000
Medium
$310,000
Low
$280,000
Confidence
Medium
Discover a 3.81-hectare rural haven on the outskirts of Owen. Zoned Living Rural, this property offers a unique blend of residential and low-intensity rural activities. It's an ideal place for a serene lifestyle or a home-based business. Enjoy the expansive space of 38,810 sqm land, featuring a generous frontage of approximately 150 sqm, nestled in a semirural, seminatural setting. Explore the possibilities this property offers and craft a lifestyle that matches your vision.
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82.5%
-
-
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+
22.3%
Asking Price
$310,000
Estimated Purchase Price
$350,000
Stamp Duty
$13,830
Transfer Fee
$3,203
Conveyancing
$1,226
Deposit (10%)
$35,000
Reg. Mortgage
$187
LMI Premium
$7,812
Renovation Costs
-
Total Cash/Equity Required
$61,808
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
Rates
+3.0% PA
$1,981
$2,585
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
$66,492
$95,291
Interest Repayments
$20,790
$20,790
Net Cashflow Before Tax
$45,702
$74,501
Depreciation
-
-
Tax Offset
$13,711
$22,350
Net Cashflow After Tax
$31,991
$52,151
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$331,080
$598,514
Loan Balance
I.O
$315,000
$315,000
$16,080
$283,514
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 27.0%
Manufacturing - 17.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 38.0%
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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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
