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$1.2M
$232,434
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Medium
Discover a serene lifestyle at 1276 Frankford Road, Glengarry. Set on an impressive 48 hectares, this property offers a blend of pasture and natural bush. With excellent infrastructure including high-quality fencing, multiple dams, and versatile shedding, it's ideal for agricultural endeavors or leisurely pursuits. The spacious home features 5 bedrooms and 3 bathrooms, making it perfect for families. The upstairs bedroom offers a luxurious retreat with an ensuite, walk-in robe, wood heater, and private balcony. Located just 30 minutes from Launceston and Devonport, this oasis combines rural tranquility with city convenience.
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87.5%
$740K
3%
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Try Picki for FREE-$125,000
-$33,955
3.0%
Asking Price
$1,290,000
Estimated Purchase Price
$1,375,000
Stamp Duty
$57,060
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$137,500
Reg. Mortgage
$152
LMI Premium
$43,024
Renovation Costs
-
Total Cash/Equity Required
$240,367
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+8.8% PA
$3,661
$5,210
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
$33,167
$47,773
Interest Repayments
$81,675
$81,675
Net Cashflow Before Tax
-$48,508
-$33,902
Depreciation
-
-
Tax Offset
-$14,552
-$10,171
Net Cashflow After Tax
-$33,955
-$23,731
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,237,500
$1,237,500
$97,500
$1,175,862
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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
