$449K
$64,799
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Try Picki for FREEConfidence
Medium
High
$530,000
Medium
$475,000
Low
$420,000
Confidence
Low
Rare opportunity to own a flat 5,000m2 block in Tamar Valley's idyllic Swan Point. Close to beaches, walking tracks, 10 minutes from Exeter. Utilities reach boundaries, septic and storm drainage require installation. Awaiting title issue. Dream land within 30 minutes of Launceston.
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95%
$834K
3.2%
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Try Picki for FREE$35,000
-$21,636
-
Asking Price
$475,000
Estimated Purchase Price
$440,000
Stamp Duty
$15,698
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$44,000
Reg. Mortgage
$152
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$72,207
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
$26,136
$26,136
Net Cashflow Before Tax
-$30,908
-$32,362
Depreciation
-
-
Tax Offset
-$9,272
-$9,709
Net Cashflow After Tax
-$21,636
-$22,654
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$396,000
$396,000
$111,300
$521,078
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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
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projected
for 2024 to 2026
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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