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$925K
$156,413
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Try Picki for FREEConfidence
High
High
$1,080,000
Medium
$960,000
Low
$840,000
Confidence
Medium
A rare gem, this property blends rural charm and modern convenience. Boasting spacious living areas, three bedrooms, and a study, the home includes a fully renovated kitchen with contemporary electric appliances, a dishwasher, and an elegant tiled splashback. The bathroom offers luxury with floor-to-ceiling tiles, a stepless shower, a standalone bath, and a double vanity. Nestled in 1.96 hectares (4.8 acres) of prime land, the house benefits from a peaceful location with established trees. Designed for equine enthusiasts, it features 9 irrigated paddocks and appropriate fencing. A unique 100-year lease on neighboring land adds extra room for grazing and exploration.
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82.9%
$523K
2.1%
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Try Picki for FREE$50,000
-$27,792
2.4%
Asking Price
$960,000
Estimated Purchase Price
$910,000
Stamp Duty
$49,670
Transfer Fee
$2,235
Conveyancing
$1,196
Deposit (10%)
$91,000
Reg. Mortgage
$129
LMI Premium
$25,948
Renovation Costs
-
Total Cash/Equity Required
$170,727
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$14,351
$21,115
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
-$39,703
-$32,939
Depreciation
-
-
Tax Offset
-$11,911
-$9,882
Net Cashflow After Tax
-$27,792
-$23,057
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,025,280
$1,853,462
Loan Balance
I.O
$819,000
$819,000
$206,280
$1,034,462
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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...
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
