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$950K
$155,459
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,160,000
Medium
$1,040,000
Low
$920,000
Confidence
Not Found
Discover 428 Mitchell Road, Echuca Village, where country charm meets modern convenience. This 16.29-acre property offers a serene rural lifestyle with quick access to Echuca. The home features 3 bedrooms and a versatile 4th room that can serve as an office. The open-plan living area and modern kitchen cater to families and aspiring chefs, providing warmth and functionality. With a large outdoor entertainment area and additional storage in the form of a 3-car garage and various sheds, this property has space for hobbies and relaxation. Ideal for horse enthusiasts, it comes with a horse track and stables. Located in a highly desirable area close to schools and shops, this property is a rare find that promises comfort, privacy, and convenience.
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94.7%
-
-
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Try Picki for FREE$40,000
-$45,114
-
Asking Price
$1,080,000
Estimated Purchase Price
$1,000,000
Stamp Duty
$55,000
Transfer Fee
$2,446
Conveyancing
$1,196
Deposit (10%)
$100,000
Reg. Mortgage
$129
LMI Premium
$28,514
Renovation Costs
-
Total Cash/Equity Required
$187,834
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,049
-$6,588
Interest Repayments
$59,400
$59,400
Net Cashflow Before Tax
-$64,449
-$65,988
Depreciation
-
-
Tax Offset
-$19,335
-$19,796
Net Cashflow After Tax
-$45,114
-$46,191
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,110,720
$2,007,918
Loan Balance
I.O
$900,000
$900,000
$210,720
$1,107,918
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
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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
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