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$480K
$76,362
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$480,000
Low
$420,000
Confidence
Medium
This expansive lifestyle property sprawls over 3 acres on the fringes of Tatura. It features a formal lounge, open plan kitchen-meals area, and living space. It boasts 5 bedrooms, with a master suite that includes a large walk-in wardrobe and ensuite. Year-round comfort is ensured with ducted cooling and a reverse cycle split system. Outdoor features include a vast 8m x 31m shed with power and concrete flooring, a 7m x 18m leanto for storage of caravan, boat, or extra vehicles, and a double carport at the front. Additionally, a solar system reduces energy costs, and there are two megs of HRWS.
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87.4%
$2.21M
1.1%
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Try Picki for FREE$35,000
-$2,410
7.0%
Asking Price
$480,000
Estimated Purchase Price
$445,000
Stamp Duty
$21,770
Transfer Fee
$1,147
Conveyancing
$1,196
Deposit (10%)
$44,500
Reg. Mortgage
$129
LMI Premium
$9,837
Renovation Costs
-
Total Cash/Equity Required
$79,129
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$2,542
$3,317
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
$22,991
$33,411
Interest Repayments
$26,433
$26,433
Net Cashflow Before Tax
-$3,442
$6,978
Depreciation
-
-
Tax Offset
-$1,033
$2,093
Net Cashflow After Tax
-$2,410
$4,885
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$400,500
$400,500
$112,140
$526,231
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 11.0%
Manufacturing - 9.0%
Agriculture, Forestry and Fishing - 8.0%
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...
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
