$850K
$143,053
Confidence
High
High
$490,000
Medium
$460,000
Low
$430,000
Confidence
Medium
"Situated in North Shepparton, just a short walk to both GV Health and Shepparton Private hospital, this spacious 4bedroom brick home with a study offers modern living and plenty of room for the whole family. The master bedroom includes a walkin robe, ceiling fan, air conditioning, and ensuite. All other bedrooms have builtin robes and ceiling fans. The wellequipped kitchen features a double sink, electric appliances, dishwasher, and walkin pantry, flowing into the open dining and family area with air conditioning. The large lounge offers air conditioning and access to the front deck. A separate rumpus room adds extra living space. Outdoor highlights include a large pergola with ceiling fans, solarheated saltwater pool, and a deck perfect for entertaining. Additional features include a double lockup garage, shed with 3phase power, 28 solar panels, and a security system, all on a generous 1405m block. Ideal for families or those who love to entertain"
2.8%
70.1%
$582K
4.3%
-$325,000
-$23,266
2.6%
1.7%
-15.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$850,000
Estimated Purchase Price
$785,000
Stamp Duty
$42,170
Transfer Fee
$1,943
Conveyancing
$1,196
Deposit (10%)
$78,500
Reg. Mortgage
$129
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$146,870
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$2,542
$3,317
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
$13,391
$19,748
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$33,238
-$26,881
Depreciation
-
-
Tax Offset
-$9,971
-$8,064
Net Cashflow After Tax
-$23,266
-$18,816
Assumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$706,500
$706,500
-$215,220
$181,617
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 11.0%
Manufacturing - 9.0%
Agriculture, Forestry and Fishing - 8.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price