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$1.15M
$218,905
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Try Picki for FREEConfidence
High
High
$1,260,000
Medium
$1,150,000
Low
$1,040,000
Confidence
Medium
This unique lifestyle property, once owned by the artist David Bromley, is a serene family haven nestled in a private cul-de-sac. Spanning a generous private landholding, it overlooks bushland and is secured with new fencing. The original homestead offers three bedrooms, a family bathroom, separate laundry, and an eat-in kitchen with new appliances. A reverse cycle AC/heating system, open fireplace, and new window screens ensure comfort. The property includes multiple sheds ready for conversion and offers artistic charm with sculptures by Bromley and Geddes. Adjacent acreage, licensed for $100 per year, adds possibilities. Leased until January 2025, it presents a unique living or investment opportunity.
Trusted by over 13k property buyers and counting...
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71%
$893K
3.1%
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-$29,361
2.9%
Asking Price
$1,150,000
Estimated Purchase Price
$1,150,000
Stamp Duty
$63,250
Transfer Fee
$2,797
Conveyancing
$1,196
Deposit (10%)
$115,000
Reg. Mortgage
$129
LMI Premium
$35,984
Renovation Costs
-
Total Cash/Equity Required
$218,905
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,566
$2,043
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
$26,366
$38,100
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$41,944
-$30,210
Depreciation
-
-
Tax Offset
-$12,583
-$9,063
Net Cashflow After Tax
-$29,361
-$21,147
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$1,035,000
$1,035,000
$193,200
$1,185,293
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
