$849K
$130,705
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Not Applicable
Explore five acres of prime land featuring a three to four bedroom home with two bathrooms in a tranquil setting, ideal for families and hobby farmers. Enjoy a formal lounge with open fireplace, a spacious rumpus room, and master bedroom with ensuite. The property boasts lush gardens, an inground pool, large paddocks, and direct river access along the Tamar River. Conveniently located close to Gravelly Beach and Exeter, and a 30-minute drive from Launceston, this property combines privacy with accessibility.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
95%
$834K
3.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$35,000
-$35,981
-
Asking Price
$849,000
Estimated Purchase Price
$785,000
Stamp Duty
$30,510
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$78,500
Reg. Mortgage
$152
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$134,176
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
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
-$4,772
-$6,226
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$51,401
-$52,855
Depreciation
-
-
Tax Offset
-$15,420
-$15,857
Net Cashflow After Tax
-$35,981
-$36,999
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$706,500
$706,500
$169,260
$876,666
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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