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$1.05M
$177,407
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Try Picki for FREEConfidence
Medium
High
$1,170,000
Medium
$1,100,000
Low
$1,030,000
Confidence
Low
This exquisite property spans over one acre of flat, clear land, offering a rare opportunity in the area. A beautifully renovated home marries traditional functionality with modern style and convenience. The home features spacious interiors including five robed bedrooms, a master suite with French doors, a lavish ensuite, and an elegantly designed family bathroom. High ceilings, ambient electric fireplace, and a well-appointed chef's kitchen with stone island and walk-in pantry provide a sense of luxury and practicality. The exterior offers a wraparound verandah, a 2-bedroom bungalow, workshop/shed, and a fully fenced landscape, ideal for accommodating both family and guests. With expansive outdoor space for further development STCA, this property promises space, comfort, and potential.
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90.6%
$750K
4.2%
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Try Picki for FREE$35,000
-$27,608
2.9%
Asking Price
$1,150,000
Estimated Purchase Price
$1,065,000
Stamp Duty
$58,575
Transfer Fee
$2,598
Conveyancing
$1,196
Deposit (10%)
$106,500
Reg. Mortgage
$129
LMI Premium
$30,367
Renovation Costs
-
Total Cash/Equity Required
$199,914
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,711
$2,232
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
$23,822
$34,495
Interest Repayments
$63,261
$63,261
Net Cashflow Before Tax
-$39,439
-$28,766
Depreciation
-
-
Tax Offset
-$11,832
-$8,630
Net Cashflow After Tax
-$27,608
-$20,136
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$958,500
$958,500
$216,300
$1,165,259
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2021 Population
Suburbs
Retail Trade - 13.0%
Construction - 13.0%
Education and Training - 11.0%
Health Care and Social Assistance - 10.0%
Others - 53.0%
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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Trusted by over 13,000 property buyers and counting...
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
