$110K
$17,507
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Not Found
Experience the charm of rural village living with this expansive property, offering over 2,000 square meters of potential space to craft your dream home and possible outbuildings, subject to council approval (STCA). The property boasts ample frontage and unparalleled views of the Warby Ranges, while also providing convenient rear lane access. This land promises an enticing opportunity for those seeking tranquility at a fraction of the cost compared to larger urban centers.
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87.6%
$394K
7.9%
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Try Picki for FREE$445,000
-$3,788
-
Asking Price
$5,000
Estimated Purchase Price
$5,000
Stamp Duty
$70
Transfer Fee
$117
Conveyancing
$1,196
Deposit (10%)
$500
Reg. Mortgage
$129
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$2,647
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,850
$2,414
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
-$5,115
-$6,674
Interest Repayments
$297
$297
Net Cashflow Before Tax
-$5,412
-$6,971
Depreciation
-
-
Tax Offset
-$1,624
-$2,091
Net Cashflow After Tax
-$3,788
-$4,880
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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
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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