Withheld
$278,324
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Try Picki for FREEConfidence
Medium
High
$1,680,000
Medium
$1,560,000
Low
$1,440,000
Confidence
Medium
Kanangra is a serene retreat in Red Hill, surrounded by lush gardens that promise privacy and natural beauty. The property features dual access from Station Road, enhancing exclusivity. Inside, the single-level home boasts Tasmanian oak floors and crisp white timber panels, centered around a wood fireplace. A sunroom offers northern views, while outdoor spaces include a deck with ocean glimpses and a paved area among mature trees. The charming kitchen comes with modern appliances and a servery window. Additional features include a mudroom, dual carport, studio, workshop, and ample storage. The spacious 1,800 sqm lot includes gardens, veggie patches, and a fire pit, with wildlife such as kookaburras and koalas. Comfort is enhanced with heating, climate control, remote gates, and a water tank. Kanangra is close to wineries, schools, trails, and Red Hill Village, epitomizing refined country living.
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 14.0%
Construction - 11.0%
Accommodation and Food Services - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
0%
82.7%
$1.95M
3.1%
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-$31,418
3.6%
Asking Price
$1,600,000
Estimated Purchase Price
$1,565,000
Stamp Duty
$86,075
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$156,500
Reg. Mortgage
$129
LMI Premium
$48,969
Renovation Costs
-
Total Cash/Equity Required
$297,035
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$57,200
$81,413
Property Management
+7.7% PA
$4,404
$6,269
Rates
+3.0% PA
$1,452
$1,895
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
$48,079
$68,990
Interest Repayments
$92,961
$92,961
Net Cashflow Before Tax
-$44,882
-$23,971
Depreciation
-
-
Tax Offset
-$13,465
-$7,191
Net Cashflow After Tax
-$31,418
-$16,780
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,666,080
$3,011,876
Loan Balance
I.O
$1,408,500
$1,408,500
$257,580
$1,603,376