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$990K
$205,490
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Try Picki for FREEConfidence
High
High
$1,170,000
Medium
$1,050,000
Low
$930,000
Confidence
Medium
Discover a charming 3-bedroom brick home nestled along the serene Gunbower Creek, offering a unique creekside lifestyle. Set on over half an acre of picturesque creek frontage, this home presents a sanctuary surrounded by native natural beauty. The property includes a cozy enclosed outdoor entertaining area with a pot belly stove, perfect for enjoying tranquil mornings or evenings. Inside, comfortable bedrooms feature ceiling fans, while the kitchen includes a reverse cycle split system, gas stove, and dishwasher. The living room offers warmth with a wood heater, creating a peaceful haven. Enjoy direct access to the creek for fishing or kayaking, complemented by a lockup garage, bungalow, workshop, and ample shedding, making it ideal for nature lovers seeking a balance of rural life and modern amenities.
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72%
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-
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-$32,075
2.2%
Asking Price
$990,000
Estimated Purchase Price
$1,050,000
Stamp Duty
$57,750
Transfer Fee
$2,563
Conveyancing
$1,196
Deposit (10%)
$105,000
Reg. Mortgage
$129
LMI Premium
$29,939
Renovation Costs
-
Total Cash/Equity Required
$197,127
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
$1,784
$2,328
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
$16,549
$24,153
Interest Repayments
$62,370
$62,370
Net Cashflow Before Tax
-$45,821
-$38,217
Depreciation
-
-
Tax Offset
-$13,746
-$11,465
Net Cashflow After Tax
-$32,075
-$26,752
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Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$945,000
$945,000
$176,400
$1,082,224
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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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Sold Price
Asking Price
