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$540K
$108,700
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Experience the charm of 27 Wearne Road, a three-bedroom, two-bathroom haven situated in Echuca. This property boasts low-maintenance living with a well-designed layout perfect for modern lifestyles. Enjoy the open-plan living and dining areas, a contemporary kitchen, and a master suite with an ensuite. Outside, a secure backyard provides ample space for relaxation and play. Conveniently located near essential amenities, this home suits investors, downsizers, and first-time buyers alike.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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
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...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
0.9%
75.3%
$661K
16.4%
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Try Picki for FREE$20,000
-$12,708
3.9%
Asking Price
$560,000
Estimated Purchase Price
$560,000
Stamp Duty
$28,670
Transfer Fee
$1,416
Conveyancing
$1,196
Deposit (10%)
$56,000
Reg. Mortgage
$129
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$103,928
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,109
$22,104
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$18,155
-$11,160
Depreciation
-
-
Tax Offset
-$5,446
-$3,348
Net Cashflow After Tax
-$12,708
-$7,812
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$504,000
$504,000
$115,440
$615,800
