$645K
$123,765
"Tucked away from prying eyes surrounded by beautiful established gardens Beautiful acreage ideal for horses with fenced pasture and native bushland Open plan lounge and dining enjoy stunning views of the Tamar Mt Barrow Gorgeous balcony overlooks the gardens and pasture, a great place to relax Kitchen features an abundance of storage and captures morning sun Accommodating three bedrooms, each capturing an outlook Neat and tidy bathrooms on both floors grants great scope for the family Garage and workshop underneath the home, option for a rumpus or studio Dual access from Gravelly Beach Road and Beach Road through right of way Multiple water sources on the property including a well, spring and dam The perfect hobby farm, a place for the children to play or great for livestock Easy walk to Gravelly Beach shops and cafes, local beach a 5minute walk 5 minutes to Exeter featuring IGA, school, bakery, doctors and tavern Positioned in the heart of the Tamar Valley wine region surrounded by world renowned vineyards, cellar doors and farm gates"
Below are some similar properties in the area you may be interested in.
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69.6%
$426K
5.7%
-$365,000
-$18,547
3.2%
2.3%
-15.0%
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Asking Price
$645,000
Estimated Purchase Price
$725,000
Stamp Duty
$27,810
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$72,500
Reg. Mortgage
$152
LMI Premium
$20,672
Renovation Costs
-
Total Cash/Equity Required
$123,765
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
$43,065
$43,065
Net Cashflow Before Tax
-$26,496
-$18,917
Depreciation
-
-
Tax Offset
-$7,949
-$5,675
Net Cashflow After Tax
-$18,547
-$13,242
Assumptions
Year 1
Year 10
Property Value
6.8%
$384,480
$695,048
Loan Balance
I.O
$652,500
$652,500
-$268,020
$42,548
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price