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$2.6M
$431,070
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,840,000
Medium
$2,595,000
Low
$2,350,000
Confidence
not applicable
Escape to your private waterfront oasis with this stunning property, featuring beautiful gardens and a serene environment. The three-bedroom home offers dual living areas and a study, perfect for families. The master ensuite and spacious kitchen with a deck overlook provide luxury and a great entertaining space. Year-round comfort is assured with evaporative cooling and a gas log fire. Outside, enjoy an inground pool, a secluded bungalow with modern amenities, a large shed, and extra-height carport for your outdoor gear. Embrace self-sufficiency with vegetable gardens and fruit trees. The private jetty offers exclusive access to the Mighty Murray River. Just a short drive from Echuca Town Centre, this home is ideal for both permanent living and vacationing.
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91.5%
-
-
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Try Picki for FREE$280,000
-$57,604
2.8%
Asking Price
$2,595,000
Estimated Purchase Price
$2,270,000
Stamp Duty
$127,550
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$227,000
Reg. Mortgage
$129
LMI Premium
$71,029
Renovation Costs
-
Total Cash/Equity Required
$431,070
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,546
$75,388
Interest Repayments
$134,838
$134,838
Net Cashflow Before Tax
-$82,292
-$59,450
Depreciation
-
-
Tax Offset
-$24,688
-$17,835
Net Cashflow After Tax
-$57,604
-$41,615
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,723,400
$4,923,259
Loan Balance
I.O
$2,043,000
$2,043,000
$680,400
$2,880,259
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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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Average Days of Supply
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Average Population
Sold Price
Asking Price
