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Withheld
$109,229
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
Discover a serene escape with this two-bedroom, one-bathroom house nestled on a spacious 1180m2 block. The property offers remarkable privacy, potential for future development (subject to council approval), and beautiful water views. An open plan living and dining area boasts natural light, while the well-equipped kitchen has ample storage. Perfect for peaceful living or a weekend retreat, it's a convenient 35-minute drive from Launceston and a 10-minute drive to Exeter, providing access to amenities like a hotel, cafe, pharmacy, and schools. Zoned as Low Density Residential.
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95%
$834K
3.2%
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Try Picki for FREE$10,000
-$16,260
3.5%
Asking Price
-
Estimated Purchase Price
$670,000
Stamp Duty
$25,473
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$67,000
Reg. Mortgage
$152
LMI Premium
$19,104
Renovation Costs
-
Total Cash/Equity Required
$114,359
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
Rates
+3.0% PA
$1,572
$2,051
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,569
$24,148
Interest Repayments
$39,798
$39,798
Net Cashflow Before Tax
-$23,229
-$15,650
Depreciation
-
-
Tax Offset
-$6,969
-$4,695
Net Cashflow After Tax
-$16,260
-$10,955
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$603,000
$603,000
$123,240
$709,869
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2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
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
