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$1.1M
$206,419
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,075,000
Low
$950,000
Confidence
Medium
6 Sandalwood Court in Traralgon is an expansive, 60-square family home showcasing Hamptons-inspired decor. Extensively renovated, it features multiple living zones and five bedrooms, including a master suite with a spa bath. The home is equipped for entertainment with a theater room, outdoor man cave, and pizza oven. Renovations include high-quality floors, a modern Hamptons-style kitchen, and zoned climate control. With an oversized garage and additional workshop space, it's ideal for car enthusiasts. The property sits on a large 1382 m2 lot and is close to schools, enhancing convenience for families.
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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
2.4%
82.3%
$467K
5.1%
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Try Picki for FREE-$125,000
-$34,782
2.4%
Asking Price
$1,189,000
Estimated Purchase Price
$1,200,000
Stamp Duty
$66,000
Transfer Fee
$2,914
Conveyancing
$1,196
Deposit (10%)
$120,000
Reg. Mortgage
$129
LMI Premium
$37,548
Renovation Costs
-
Total Cash/Equity Required
$228,337
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
$1,542
$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
$21,591
$31,300
Interest Repayments
$71,280
$71,280
Net Cashflow Before Tax
-$49,689
-$39,980
Depreciation
-
-
Tax Offset
-$14,907
-$11,994
Net Cashflow After Tax
-$34,782
-$27,986
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,148,100
$2,075,492
Loan Balance
I.O
$1,080,000
$1,080,000
$68,100
$995,492
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