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$739K
$139,381
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$850,000
Medium
$739,000
Low
$620,000
Confidence
Not Applicable
Escape to 40.7 acres of pastoral paradise with a neat 3-bedroom home built in 1978. Enjoy a newly renovated bathroom, wood heater, and spacious living areas with rural views. Potential abounds with opportunities to renovate and add value. Perfect for animal lovers, the property features multiple sheds, stables, and areas for livestock like horses and alpacas. Embrace self-sufficiency with ample space to grow food amidst abundant wildlife. Located only 11 minutes from Sorell, with quick access to shopping, schools, and medical services. Hobart CBD and Airport are conveniently close, offering country living with city amenities nearby.
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94.2%
$950K
2.7%
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Try Picki for FREE-$55,000
-$36,369
-
Asking Price
$739,000
Estimated Purchase Price
$795,000
Stamp Duty
$30,960
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$79,500
Reg. Mortgage
$152
LMI Premium
$22,668
Renovation Costs
-
Total Cash/Equity Required
$135,911
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.8% PA
-
-
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
-$4,733
-$6,175
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$51,956
-$53,398
Depreciation
-
-
Tax Offset
-$15,587
-$16,020
Net Cashflow After Tax
-$36,369
-$37,379
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$715,500
$715,500
$74,820
$713,211
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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
