$575K
$108,374
"Pebbleton is a charming riverside cottage, nestled in the heart of the renowned Tamar Valley wine region in Northern Tasmania, a scenic 30 minute drive from Launceston CBD. Warm, comfortable and very inviting This lovely home is an established holiday rental, but also ready to be someones full time home. Offering Tamar River views and morning sun from the porch and front garden, this tranquil setting is the perfect place to relax. The cottage has 3 bedrooms, 2 living areas, a family bathroom and separate laundry. Open plan living dining with plenty of room for family and friends. A fireplace is located in the living room plus a new reverse cycle heat pump air conditioner for year round comfort. This property has modern solar panels to offset electricity costs. The kitchen is well set up with electric cooking and also features a traditional woodfired oven. At the rear of the property there is plenty of parking, as well as a wood shed and garden shed. Pebbleton is within walking distance of the local shops, post office and Marina right in the heart of the wine growing region of the West Tamar. A short drive to numerous cellar doors, restaurants pubs, with the local township of Exeter providing all your service needs. Call Chris to arrange your private viewing."
-
78.2%
$426K
5.7%
-$190,000
-$17,501
2.9%
1.9%
-16.5%
6.0%
Asking Price
$575,000
Estimated Purchase Price
$620,000
Stamp Duty
$23,348
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$62,000
Reg. Mortgage
$152
LMI Premium
$17,679
Renovation Costs
-
Total Cash/Equity Required
$105,808
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
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
$11,826
$17,398
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$25,002
-$19,430
Depreciation
-
-
Tax Offset
-$7,500
-$5,829
Net Cashflow After Tax
-$17,501
-$13,601
Assumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$558,000
$558,000
-$98,760
$272,197
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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