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$1.1M
$185,975
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,320,000
Medium
$1,200,000
Low
$1,080,000
Confidence
Medium
Nestled in the sought-after Murray View Estate, this captivating property offers unparalleled space and lifestyle opportunities just minutes from Echuca. Boasting three bedrooms, two bathrooms, a spacious rumpus room, and dual living areas, this 1.5-acre estate is perfect for relaxation and adventure. Key features include an expansive pergola, a dedicated outdoor room, a large shed with a car hoist, additional car garage space, and a substantial hardstand area. Enjoy the benefits of solar power, ample water storage, and a water right from the Murray River. Conveniently located near boat ramps, sandbars, and an estate bus stop, this home is ideal for those seeking a tranquil riverside lifestyle.
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91.5%
-
-
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Try Picki for FREE$90,000
-$27,850
3.0%
Asking Price
$1,200,000
Estimated Purchase Price
$1,110,000
Stamp Duty
$61,050
Transfer Fee
$2,703
Conveyancing
$1,196
Deposit (10%)
$111,000
Reg. Mortgage
$129
LMI Premium
$31,650
Renovation Costs
-
Total Cash/Equity Required
$208,278
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,148
$37,816
Interest Repayments
$65,934
$65,934
Net Cashflow Before Tax
-$39,786
-$28,118
Depreciation
-
-
Tax Offset
-$11,936
-$8,435
Net Cashflow After Tax
-$27,850
-$19,683
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$999,000
$999,000
$282,600
$1,317,828
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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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price
