$730K
$122,059
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Try Picki for FREEConfidence
80%
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
70%
Welcome to a stunning home in Avenel, Victoria, combining modern elegance with country charm. This spacious house features open-plan living areas filled with natural light, offering breathtaking views and a tranquil setting. Situated in a desirable location close to amenities, it includes generous site and concrete allowances, a Colorbond steel roof, a 3kW solar system, reverse cycle air conditioning, and more. Experience a stress-free build process with pre-selected color palettes and financing assistance available. Secure your dream house and land package today.
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83.9%
$535K
4.5%
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Try Picki for FREE$5,000
-$17,741
3.2%
Asking Price
$730,000
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
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
$2,142
$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
$14,751
$21,637
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$25,344
-$18,458
Depreciation
-
-
Tax Offset
-$7,603
-$5,538
Net Cashflow After Tax
-$17,741
-$12,921
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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
$607,500
$607,500
$118,740
$705,369
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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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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