$849K
$143,053
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
This unique opportunity offers a spacious architecturally designed, four-bedroom home with a separate home office that could serve as a fifth bedroom. Built in 1963, the home is situated on approximately 2 hectares (5 acres) of land, providing a rare blend of rural tranquility with town convenience. Its open floor plan features a striking fireplace dividing the formal living and dining areas, accentuated by large windows that invite generous natural light. The retro kitchen is equipped with ample storage and an informal dining area. Proximity to Waldara Golf Club and local walking and cycling paths enhances the appeal of this property, ideal for those looking to personalize a well-located home with room to grow. Additional features include a double carport, a garden shed, and both town and bore water supply.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.6%
82.3%
$660K
4.2%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$20,000
-$18,486
3.5%
Asking Price
$849,000
Estimated Purchase Price
$805,000
Stamp Duty
$43,370
Transfer Fee
$1,989
Conveyancing
$1,196
Deposit (10%)
$80,500
Reg. Mortgage
$129
LMI Premium
$22,954
Renovation Costs
-
Total Cash/Equity Required
$150,687
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,725
$2,251
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
$21,408
$31,061
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$26,409
-$16,756
Depreciation
-
-
Tax Offset
-$7,923
-$5,027
Net Cashflow After Tax
-$18,486
-$11,729
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$724,500
$724,500
$156,600
$868,319
Below are some similar properties in the area you may be interested in.
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 - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
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 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