$889K
$184,117
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Discover your dream home set on a sprawling 4151m2 allotment in Wonthaggi. This charming property features three spacious bedrooms with built-in robes, a master suite with an ensuite, and two inviting living zones. Enjoy natural light from the north-facing orientation and the comfort of solid brick construction. The timber kitchen, equipped with gas cooking and a dishwasher, is a delight for any chef. Stay comfortable year-round with a wood heater and split system. The stunning outdoor area, complete with café blinds, is perfect for relaxation and garden enthusiasts. It's complemented by manicured lawns, a fenced garden area, a double carport, a large garage and workshop, as well as water tanks and a hot house. This beautifully presented home is the perfect retreat for families and nature lovers.
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85%
$485K
4.9%
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Try Picki for FREE-$110,000
-$27,122
2.5%
Asking Price
$889,000
Estimated Purchase Price
$935,000
Stamp Duty
$51,170
Transfer Fee
$2,294
Conveyancing
$1,196
Deposit (10%)
$93,500
Reg. Mortgage
$129
LMI Premium
$26,660
Renovation Costs
-
Total Cash/Equity Required
$175,498
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
$1,540
$2,009
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
$16,793
$24,472
Interest Repayments
$55,539
$55,539
Net Cashflow Before Tax
-$38,746
-$31,067
Depreciation
-
-
Tax Offset
-$11,624
-$9,320
Net Cashflow After Tax
-$27,122
-$21,747
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$841,500
$841,500
$39,600
$751,319
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Accommodation and Food Services - 12.0%
Construction - 9.0%
Others - 51.0%
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