$949K
$194,339
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$1,060,000
Medium
$950,000
Low
$840,000
Confidence
Low
Discover a tranquil retreat by the Mighty Murray River, just a short stroll from your doorstep. This charming brick home on a generous 4020sqm (1 acre) block offers a harmonious blend of nature and comfort. The three-bedroom residence features built-in robes, a spacious main bedroom with ensuite, and a vast living area with vaulted ceilings. Enjoy a warm ambiance with a wood fire heater, split system, and ceiling fans. The property boasts a study, an additional living area, and an enclosed alfresco space for seamless indoor-outdoor living. A large shed, ample parking, and modern conveniences complete this idyllic escape located 20 minutes from Echuca, promising both adventure and serenity.
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77.8%
-
-
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Try Picki for FREE-$225,000
-$37,272
2.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,175,000
Stamp Duty
$64,625
Transfer Fee
$2,855
Conveyancing
$1,196
Deposit (10%)
$117,500
Reg. Mortgage
$129
LMI Premium
$36,766
Renovation Costs
-
Total Cash/Equity Required
$223,621
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
$1,784
$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
$16,549
$24,153
Interest Repayments
$69,795
$69,795
Net Cashflow Before Tax
-$53,246
-$45,642
Depreciation
-
-
Tax Offset
-$15,974
-$13,693
Net Cashflow After Tax
-$37,272
-$31,949
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$1,057,500
$1,057,500
-$42,900
$776,655
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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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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
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Sold Price
Asking Price