Withheld
$1,776
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,120,000
Low
$1,040,000
Confidence
Medium
This breathtaking property offers expansive views from a practically new home with 5 bedrooms and numerous living spaces. Seamlessly designed, the open-plan kitchen, dining, and lounge area extends into outdoor entertaining spaces, including a pool. The property spans 100 acres, ideal for grazing cattle or sheep, or cultivating crops. Enjoy tranquility with Mallee trees and wildlife, while being just 15 minutes from the Murray Bridge Horse Racing Club.
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79.5%
-
-
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Try Picki for FREE-$80,000
-$26,933
3.5%
Asking Price
$1,200,000
Estimated Purchase Price
$1,200,000
Stamp Duty
$59,830
Transfer Fee
$11,363
Conveyancing
$1,226
Deposit (10%)
$120,000
Reg. Mortgage
$187
LMI Premium
$37,912
Renovation Costs
-
Total Cash/Equity Required
$231,068
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$2,072
$2,703
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
$32,804
$47,353
Interest Repayments
$71,280
$71,280
Net Cashflow Before Tax
-$38,476
-$23,927
Depreciation
-
-
Tax Offset
-$11,543
-$7,178
Net Cashflow After Tax
-$26,933
-$16,749
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$1,080,000
$1,080,000
$116,160
$1,082,373
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2021 Population
Suburbs
Retail Trade - 13.0%
Manufacturing - 12.0%
Health Care and Social Assistance - 12.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price