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$570K
$105,837
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
This Echo-Federation style home in Echuca blends classic charm with modern convenience. It offers spacious living with two living areas, a versatile rumpus room or home office, and an inviting outdoor space with a ceiling fan. The chef-inspired kitchen includes a freestanding stove, gas hotplates, dishwasher, and breakfast bar. Bedrooms feature built-in robes, with climate control ensured by split systems and ducted cooling. The exterior boasts manicured gardens, a 3x7 garden shed, and a remote double lockup garage. Located near shopping, schools, and parks, this is an opportunity for comfortable family living.
Trusted by over 13k property buyers and counting...
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66.7%
$560K
5.1%
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Try Picki for FREE$30,000
-$12,292
4.0%
Asking Price
$550,000
Estimated Purchase Price
$550,000
Stamp Duty
$28,070
Transfer Fee
$1,393
Conveyancing
$1,196
Deposit (10%)
$55,000
Reg. Mortgage
$129
LMI Premium
$12,158
Renovation Costs
-
Total Cash/Equity Required
$98,496
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
$32,670
$32,670
Net Cashflow Before Tax
-$17,561
-$10,566
Depreciation
-
-
Tax Offset
-$5,268
-$3,170
Net Cashflow After Tax
-$12,292
-$7,396
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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
$495,000
$495,000
$124,440
$624,800
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
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
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
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