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$1.5M
$313,801
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Try Picki for FREEConfidence
High
High
$1,600,000
Medium
$1,450,000
Low
$1,300,000
Confidence
Medium
Charming three-bedroom residence located on the banks of Gunbower Creek. The home features a recently refurbished interior with an office, large family room, and a robust indoor-outdoor living area. The property is spacious at 6,750 m2 (1.65 acres) and holds two titles. It includes excellent storage options: a three-car carport, garages (6x11, 6x3.5), and caravan storage (6x6.5). Modern appliances are integrated, including RC refrigerated air conditioning, a dishwasher, and a wood heater. The garden is beautifully maintained, and the property benefits from electric diesel pumps and a pontoon on the creek. Located in town, it’s across from Gunbower School and near a park, providing both tranquility and convenience. Town water supply and access to 2 Meg high-security water are notable features. Just 42 km from Echuca CBD and 22 km from Cohuna CBD.
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78.6%
-
-
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Try Picki for FREE-$205,000
-$52,191
1.9%
Asking Price
$1,500,000
Estimated Purchase Price
$1,655,000
Stamp Duty
$91,025
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$165,500
Reg. Mortgage
$129
LMI Premium
$51,786
Renovation Costs
-
Total Cash/Equity Required
$313,801
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,749
$34,400
Interest Repayments
$98,307
$98,307
Net Cashflow Before Tax
-$74,558
-$63,907
Depreciation
-
-
Tax Offset
-$22,368
-$19,172
Net Cashflow After Tax
-$52,191
-$44,735
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,548,600
$2,799,500
Loan Balance
I.O
$1,489,500
$1,489,500
$59,100
$1,310,000
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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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
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