$950K
$178,361
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$925,000
Low
$850,000
Confidence
Medium
Experience the serenity of 174 Moores Road, located at the end of a private road in the Springhurst Hills. This charming home offers four bedrooms, a separate guest room, three bathrooms, and two spacious living areas. The interior features a Blackwood kitchen and polished wooden flooring. Comfort comes easy with wood combustion heating and ducted evaporative cooling. Minimize energy costs with a 5kw solar system and efficient electric appliances. Enjoy ample water supply with two large rainwater tanks and a bore. The property boasts three sheds, a garage, a barn, and a machinery shed. Relax on the verandas or dive into the in-ground pool. Surrounded by grazing land and scenic hills, the property includes an orchard with various fruit trees. Conveniently located between Wangaratta and Albury Wodonga, make this your private retreat.
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83.6%
$615K
5.5%
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Try Picki for FREE-$25,000
-$27,875
2.5%
Asking Price
$950,000
Estimated Purchase Price
$950,000
Stamp Duty
$52,070
Transfer Fee
$2,329
Conveyancing
$1,196
Deposit (10%)
$95,000
Reg. Mortgage
$129
LMI Premium
$27,088
Renovation Costs
-
Total Cash/Equity Required
$178,361
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
$1,725
$2,251
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
$16,608
$24,230
Interest Repayments
$56,430
$56,430
Net Cashflow Before Tax
-$39,822
-$32,200
Depreciation
-
-
Tax Offset
-$11,947
-$9,660
Net Cashflow After Tax
-$27,875
-$22,540
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$855,000
$855,000
$132,900
$930,888
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
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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