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$1.5M
-
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Low
Discover a breathtaking 4.5ha waterfront estate in Derwent Valley, combining serene luxury with nature. This versatile property offers a spacious four-bedroom main house with an open-plan kitchen and dining area that extends to a sundeck, perfect for entertaining. Enjoy the elegance of a master suite with deck access and a sunken lounge overlooking stunning gardens and river views. The separate one-bedroom apartment offers privacy and potential income. With a large garage and carport, landscaped gardens, and private river access, this property is both an idyllic retreat and a hobby farm opportunity, just minutes from New Norfolk and Hobart.
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74.5%
$98K
27.9%
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+
572.0%
Asking Price
$5,000
Estimated Purchase Price
$5,000
Stamp Duty
$85
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$500
Reg. Mortgage
$152
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$3,453
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,458
$31,090
Interest Repayments
$297
$297
Net Cashflow Before Tax
$21,161
$30,793
Depreciation
-
-
Tax Offset
$6,348
$9,238
Net Cashflow After Tax
$14,813
$21,555
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$4,500
$4,500
$476,100
$864,310
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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
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
