$590K
$87,021
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$635,000
Low
$550,000
Confidence
Medium
Embrace sustainable living in this eco-friendly haven. Nestled on over 10 acres, enjoy a blend of modern comfort and off-grid reliability in New Norfolk. Highlights include solar power, a backup generator, gas cooking, ducted wood heating, and a modern kitchen. Relish the peaceful countryside, yet remain close to local amenities. A rare chance for serene, self-sufficient living just minutes from town.
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88.8%
-
-
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Try Picki for FREE$50,000
-$14,947
3.4%
Asking Price
$635,000
Estimated Purchase Price
$585,000
Stamp Duty
$21,860
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$58,500
Reg. Mortgage
$152
LMI Premium
$16,681
Renovation Costs
-
Total Cash/Equity Required
$99,823
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.8% PA
$1,739
$2,475
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
$13,396
$19,615
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$21,353
-$15,134
Depreciation
-
-
Tax Offset
-$6,406
-$4,540
Net Cashflow After Tax
-$14,947
-$10,594
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$678,180
$1,225,988
Loan Balance
I.O
$526,500
$526,500
$151,680
$699,488
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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
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
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Average Days of Supply
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Average Population
Sold Price
Asking Price