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$325K
$59,075
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High
-
Medium
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Low
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Confidence
This property offers a private and tranquil setting on gently sloping pasture. It features multiple potential house sites with rural views, and a small dam for livestock. Conveniently zoned for rural living, it's located near schools with bus service, and within driving distance of New Norfolk, Glenorchy, and Hobart City Centre.
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90.3%
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-
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Try Picki for FREE-$40,000
-$9,076
3.8%
Asking Price
$325,000
Estimated Purchase Price
$340,000
Stamp Duty
$11,535
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$34,000
Reg. Mortgage
$152
LMI Premium
$7,516
Renovation Costs
-
Total Cash/Equity Required
$55,833
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+8.8% PA
$1,144
$1,628
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
$7,231
$10,840
Interest Repayments
$20,196
$20,196
Net Cashflow Before Tax
-$12,965
-$9,356
Depreciation
-
-
Tax Offset
-$3,890
-$2,807
Net Cashflow After Tax
-$9,076
-$6,549
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Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$306,000
$306,000
$14,400
$273,207
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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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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
