$495K
$79,128
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Try Picki for FREEConfidence
High
High
$520,000
Medium
$475,000
Low
$430,000
Confidence
Medium
Discover a 1920s masterpiece that seamlessly fuses vintage charm with modern convenience in the heart of Rochester. This beautifully restored home boasts three bedrooms and a study, providing ample space for comfort and productivity. Original features like stained-glass windows, ornate cornices, and a timeless brick fireplace add character, while modern updates ensure livability. The master bedroom comes with a brand-new ensuite. Enjoy year-round comfort with ducted heating and cooling. Host gatherings on the sprawling entertainment deck or nurture your green thumb in the ample garden beds. Located within walking distance to Rochester's vibrant town center and the VLine train, this home is a gateway to a lifestyle rich in community and convenience.
Trusted by over 13k property buyers and counting...
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72.5%
$180K
14.2%
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Try Picki for FREE-$10,000
-$7,542
5.1%
Asking Price
$495,000
Estimated Purchase Price
$460,000
Stamp Duty
$22,670
Transfer Fee
$1,182
Conveyancing
$1,196
Deposit (10%)
$46,000
Reg. Mortgage
$129
LMI Premium
$10,169
Renovation Costs
-
Total Cash/Equity Required
$81,895
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,784
$2,328
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,549
$24,153
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$10,775
-$3,171
Depreciation
-
-
Tax Offset
-$3,232
-$951
Net Cashflow After Tax
-$7,542
-$2,220
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$414,000
$414,000
$66,600
$454,810
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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