$350K
$66,217
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Try Picki for FREEConfidence
Medium
High
$340,000
Medium
$310,000
Low
$280,000
Confidence
Low
This charming home, built in the late 1960s, boasts South Australian Mt Gambier limestone blocks, offering a unique and rustic look. The property includes 3 large bedrooms and an open-plan kitchen, dining, and living area. The bathroom, with its Art Deco style, complements the gas cooking and plenty of cupboard space in the kitchen. The living room features a large reverse cycle unit and wood heater, adding warmth year-round. Located within walking distance to the high school and Yarram Shopping Plaza, this residence offers dual street access and space for a large shed. Though some cosmetic upgrades are suggested, the property promises excellent potential at an attractive price point.
Trusted by over 13k property buyers and counting...
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82.6%
$273K
7.6%
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Try Picki for FREE-$50,000
-$9,034
4.0%
Asking Price
$350,000
Estimated Purchase Price
$360,000
Stamp Duty
$16,670
Transfer Fee
$948
Conveyancing
$1,196
Deposit (10%)
$36,000
Reg. Mortgage
$129
LMI Premium
$7,958
Renovation Costs
-
Total Cash/Equity Required
$63,451
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$14,560
$20,723
Property Management
+7.7% PA
$1,121
$1,596
Rates
+3.0% PA
$1,695
$2,212
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
$8,479
$12,656
Interest Repayments
$21,384
$21,384
Net Cashflow Before Tax
-$12,905
-$8,728
Depreciation
-
-
Tax Offset
-$3,872
-$2,618
Net Cashflow After Tax
-$9,034
-$6,110
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$331,080
$598,514
Loan Balance
I.O
$324,000
$324,000
$7,080
$274,514
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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