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$650K
$105,837
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
This charming and historic 3-bedroom home harks back to the days of the Kelly Gang in Avenel. Featuring a large kitchen, master bedroom with built-in robes, sitting and sun rooms, and vaulted ceilings in the lounge, the house offers unique character. Set on a 4,047m2 block adorned with various plants and trees, the property includes a substantial 6-bay shed with Oregon trusses and dimensions of 20m x 9m. Additionally, a 40ft container, several sheds, and a gravel driveway enhance its appeal. With a Planning Permit and Endorsed Plan to subdivide a 604m2 block accessed via Mutton Street, this property offers a distinctive opportunity that demands inspection.
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78.9%
$508K
4.9%
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Try Picki for FREE-$15,000
-$17,564
3.4%
Asking Price
$750,000
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$2,142
$2,795
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
$16,191
$23,686
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$25,092
-$17,597
Depreciation
-
-
Tax Offset
-$7,528
-$5,279
Net Cashflow After Tax
-$17,564
-$12,318
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$625,500
$625,500
$100,740
$687,369
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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...
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
