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$779K
$146,480
Unlock Appraised Value
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High
High
$840,000
Medium
$780,000
Low
$720,000
Confidence
Medium
Discover a modern oasis at 1016 Saddleworth Road, a captivating contemporary residence set on 5 acres of tranquil rural land. Constructed in 2016 by Fairmont Homes, this stylish property boasts four bedrooms, two bathrooms, and seamless indoor-outdoor living spaces. With stunning rural views, this home is the epitome of peaceful luxury. High-end finishes, including a well-appointed kitchen with both electric and gas appliances, tiled floors in high traffic areas, and plush carpeting in bedrooms, make it a prime choice. Enjoy the benefits of modern amenities such as ducted evaporative cooling, slow combustion heating, and an NBN connection. Additional features include a double garage, rainwater system, and an impressive 9.8x6m garage with power and a concrete floor.
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81.1%
-
-
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-$21,136
3.0%
Asking Price
$779,000
Estimated Purchase Price
$780,000
Stamp Duty
$36,730
Transfer Fee
$7,331
Conveyancing
$1,226
Deposit (10%)
$78,000
Reg. Mortgage
$187
LMI Premium
$22,456
Renovation Costs
-
Total Cash/Equity Required
$146,480
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,137
$23,616
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$30,195
-$22,716
Depreciation
-
-
Tax Offset
-$9,058
-$6,815
Net Cashflow After Tax
-$21,136
-$15,901
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Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$702,000
$702,000
$131,040
$803,938
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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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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
