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$859K
$140,190
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$859,000
Low
$830,000
Confidence
Medium
This 3 bedroom Californian Bungalow is located in a sought-after, tranquil area of central Wangaratta. It greets you with a wide verandah and polished Murray pine floorboards. The spacious master bedroom features built-in robes and a recently renovated ensuite. The home offers both formal and informal living spaces, a renovated kitchen with stone benchtops and skylight, and a second bathroom that connects to a large laundry. Ducted heating and cooling provide year-round comfort. The property includes an undercover outdoor area with a solar-heated pool, a studio/multipurpose room, and ample parking with a carport. Set on an 831m2 allotment, the home boasts established gardens and a large solar system.
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77.8%
$678K
3.7%
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Try Picki for FREE$30,000
-$22,438
2.8%
Asking Price
$859,000
Estimated Purchase Price
$795,000
Stamp Duty
$42,770
Transfer Fee
$1,966
Conveyancing
$1,196
Deposit (10%)
$79,500
Reg. Mortgage
$129
LMI Premium
$22,668
Renovation Costs
-
Total Cash/Equity Required
$148,779
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,725
$2,251
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
$15,168
$22,181
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$32,055
-$25,042
Depreciation
-
-
Tax Offset
-$9,616
-$7,513
Net Cashflow After Tax
-$22,438
-$17,530
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$715,500
$715,500
$165,600
$877,319
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
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
