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$1.05M
$219,848
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,100,000
Low
$1,050,000
Confidence
Medium
This remarkable property combines durability and elegance with its concrete thermal block rendered house and sleek steel frame. Spacious and fully equipped with a 4-car carport, a large separate garage, and additional storage for caravan or boat. Sustainable with a 3 kW solar system, it sits on a generous 5 acres of cleared, fenced land with established gardens. Luxurious features include a spa, semi-enclosed living, a dedicated theatre room, and a billiard room. Comfort is ensured with a Coonara wood heater and efficient split systems. The kitchen boasts modern appliances, while spacious bedrooms offer abundant storage. Enjoy stunning mountain views and proximity to urban conveniences and beaches.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Public Administration and Safety - 9.0%
Education and Training - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
0%
96.5%
$900K
3.7%
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Try Picki for FREE-$120,000
-$33,934
2.6%
Asking Price
$1,150,000
Estimated Purchase Price
$1,220,000
Stamp Duty
$67,100
Transfer Fee
$2,961
Conveyancing
$1,196
Deposit (10%)
$122,000
Reg. Mortgage
$129
LMI Premium
$38,174
Renovation Costs
-
Total Cash/Equity Required
$232,109
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
$1,542
$2,012
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
$23,991
$34,716
Interest Repayments
$72,468
$72,468
Net Cashflow Before Tax
-$48,477
-$37,752
Depreciation
-
-
Tax Offset
-$14,543
-$11,326
Net Cashflow After Tax
-$33,934
-$26,426
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$1,098,000
$1,098,000
$76,800
$1,025,759
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