$1.9M
$368,404
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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,200,000
Low
$1,040,000
Confidence
Not Found
-
Street Statistics
Public Housing (%)
0%
Owner Occupiers (%)
88.6%
Median Street Sold Price
-
Median Street Rental Yield
-
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Property
Very Good
Street
Average
Suburb
Average
Overall
Average
Under Market Value
$50,000
Net Cashflow PA
-$51,732
Gross Yield
-
Purchase Costs
Asking Price
-
Estimated Purchase Price
$1,150,000
Stamp Duty
$57,080
Transfer Fee
$10,883
Conveyancing
$1,226
Deposit (10%)
$115,000
Reg. Mortgage
$187
LMI Premium
$36,333
Renovation Costs
-
Total Cash/Equity Required
$221,259
Income Statement (Cashflow)
Income
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Expenses
Property Management
+7.7% PA
-
-
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
-$5,593
-$7,298
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$73,903
-$75,608
Depreciation
-
-
Tax Offset
-$22,171
-$22,682
Net Cashflow After Tax
-$51,732
-$52,925
Balance Sheet
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Try Picki for FREEAssets
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Liabilities
Loan Balance
I.O
$1,035,000
$1,035,000
Net Equity
$246,600
$1,281,828
Property Inspection Report
Property Overview
This modern architectural masterpiece sits on a sprawling 2,377m2 lot within the prestigious Riverpark Estate, offering panoramic views of the countryside and the scenic River Murray. With 4 bedrooms, including a master with an ensuite and walk-in robe, the home features open plan living and dining areas, a luxurious kitchen, and a butler's pantry. Highlights include a theater room, study room/nursery, and multiple bathrooms with premium amenities. Outdoors, you'll find an undercover entertaining area, a massive shed, and beautifully landscaped grounds. The property provides private river access and is only a short drive to Murray Bridge and a quick freeway commute to Adelaide.
Inspection Checklist
- Verify the actual size and boundary of the property.
- Confirm quality and condition of flooring, including polished concrete and solid timber.
- Check for any signs of wear and tear in the kitchen appliances and butler’s pantry.
- Inspect the functioning of the feature fireplace and air conditioning system.
- Examine the layout and fittings of the theatre room and study/nursery rooms.
- Inspect plumbing fixtures in the bathrooms and verify the water pressure.
- Check the condition and operation of the automatic garage door.
- Examine the exterior shed structure and functionality of the roller doors.
- Verify the operation of the auto irrigation system in the landscaping.
- Confirm private access rights to the riverfront reserve and discuss any associated fees.
- Assess commuting times to Murray Bridge and Adelaide during different times of day.
Questions for Agent
- Can you confirm the boundaries and precise size of the land?
- What are the specifics and brand details of the kitchen appliances?
- Could you provide more information on the theater room's design and technology capabilities?
- Can you explain the air conditioning and heating systems in more detail?
- Are there any homeowners association fees for the Riverpark Estate?
- What maintenance or updates have been done recently on the property?
- How is the internet and mobile connectivity in this area?
- What are the current rules and regulations about using the riverfront reserve?
- Could you tell me more about the water storage system and its capacity?
- What makes Riverpark Estate prestigious compared to other developments in the area?
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Location Opportunity
Murray Bridge statistics
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.
21,644
2021 Population
34
Suburbs
Demand
Employment
Em
New project
Pr
lifestyle
Li
population
Po
Supply
New Supply
Su
Opportunity
Opportunity
Op
Em
Employment Industries
Very Diverse
Retail Trade - 13.0%
Manufacturing - 12.0%
Health Care and Social Assistance - 12.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
income growth
Average
Average Income
COMMUTE TIME
75mins
39kms
Average
Pr
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Li
Po
Population Growth
Average Population
SUPPLY vs POPULATION
Projected Population Growth
2.6%
projected
for 2025 to 2027
High
Su
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3.3%
Average
SALES PRICE GROWTH
Monthly % Change in Median House Prices (Prev. Quarter)
Rental Yield
No data available
VACANCY RATE
Very Good
Average Vacancy Rate
Days of Supply
Poor
Average Days of Supply
Owner Occupier Level
No data available
VENDOR DISCOUNTING
Poor
Average Population
Pricing
Sold Price
Asking Price
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