$698K
$130,648
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Try Picki for FREEConfidence
High
High
$790,000
Medium
$715,000
Low
$640,000
Confidence
Medium
This charming rural home, tucked away in a quiet street near the lively village of Hepburn Springs, boasts tranquility and proximity to local amenities. Set on an elevated 552 square metre plot, the property offers stunning forest views. The functional layout includes an open-plan living area, two bedrooms, and a study. The well-equipped kitchen provides ample storage and bench space. Additional features include a bathroom with separate shower and bath, separate laundry, and toilet, plus a spacious garden and garage with workshop. Ideal for permanent living, a weekend retreat, or rental investment.
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67.5%
$1.04M
2.5%
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-$17,993
3.3%
Asking Price
$715,000
Estimated Purchase Price
$715,000
Stamp Duty
$37,970
Transfer Fee
$1,779
Conveyancing
$1,196
Deposit (10%)
$71,500
Reg. Mortgage
$129
LMI Premium
$20,387
Renovation Costs
-
Total Cash/Equity Required
$133,511
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
$1,566
$2,043
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
$16,767
$24,438
Interest Repayments
$42,471
$42,471
Net Cashflow Before Tax
-$25,704
-$18,033
Depreciation
-
-
Tax Offset
-$7,711
-$5,410
Net Cashflow After Tax
-$17,993
-$12,623
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$763,620
$1,380,443
Loan Balance
I.O
$643,500
$643,500
$120,120
$736,943
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
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