$895K
$137,646
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Try Picki for FREEConfidence
High
High
$670,000
Medium
$610,000
Low
$550,000
Confidence
Medium
This charming property offers the best of lifestyle, privacy, and convenience with incredible views over the River Derwent. Situated on approximately 2.5 acres of level land, this property is a rare find with its blend of fenced paddocks and landscaped gardens. It features a spacious open plan kitchen, dining and family area, a second living room, and four bedrooms, including a master with ensuite. Additional amenities include a double garage, double carport, horse stables, a feed storage shed, and outdoor entertainment areas. Ideal for equestrian enthusiasts or those wishing to cultivate a vineyard or orchard.
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93.3%
$560K
4.3%
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Try Picki for FREE$10,000
-$2,624
6.7%
Asking Price
-
Estimated Purchase Price
$600,000
Stamp Duty
$22,498
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$60,000
Reg. Mortgage
$152
LMI Premium
$17,108
Renovation Costs
-
Total Cash/Equity Required
$102,388
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$40,040
$56,989
Property Management
+8.8% PA
$3,524
$5,015
Rates
+3.0% PA
$1,425
$1,859
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
$31,891
$45,940
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$3,749
$10,300
Depreciation
-
-
Tax Offset
-$1,125
$3,090
Net Cashflow After Tax
-$2,624
$7,210
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$540,000
$540,000
$111,480
$637,721
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2021 Population
Suburbs
Manufacturing - 16.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 11.0%
Others - 49.0%
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