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$885K
$170,614
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$925,000
Medium
$875,000
Low
$825,000
Confidence
Medium
Discover your dream of rural living in picturesque Forcett with this impressive estate set on nearly 2 acres of cleared land. Enjoy multiple living areas in a spacious family home with four bedrooms, two renovated bathrooms, and a large courtyard. Ideal for hobby farming and equestrian pursuits, the property boasts a massive shed and ample parking. Experience the serenity of a country lifestyle while staying close to local amenities, schools, and pristine beaches. This property offers endless possibilities for relaxation and exploration.
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94.2%
$950K
2.7%
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Try Picki for FREE-$130,000
-$26,843
2.9%
Asking Price
$895,000
Estimated Purchase Price
$1,005,000
Stamp Duty
$40,410
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$100,500
Reg. Mortgage
$152
LMI Premium
$28,656
Renovation Costs
-
Total Cash/Equity Required
$172,349
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
Rates
+3.0% PA
$1,533
$2,000
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
$21,350
$30,949
Interest Repayments
$59,697
$59,697
Net Cashflow Before Tax
-$38,347
-$28,748
Depreciation
-
-
Tax Offset
-$11,504
-$8,624
Net Cashflow After Tax
-$26,843
-$20,124
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$904,500
$904,500
$30,000
$784,854
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2021 Population
Suburbs
Retail Trade - 16.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 10.0%
Manufacturing - 10.0%
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
