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$789K
$163,093
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Reillys Homestead, in the scenic OxleyMilawa region, is the perfect blend of comfort and utility. This affordable weatherboard home with four spacious bedrooms and a semi bathroom offers a peaceful retreat for families. The open-plan living area and secondary family room are ideal for relaxation. A sunlit kitchen caters to all cooking preferences. Spread over 3.35 hectares, it's a paradise for animal lovers with facilities for horses and sheep. Extensive storage, chook pens, and a robust water system enhance its charm. Enjoy rural tranquility just minutes from Milawa and Oxley with splendid views of Mount Buffalo.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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...
Try Picki for FREEAverage Population
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
0%
82.6%
-
-
Unlock Property Investment Scores
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Try Picki for FREE-$75,000
-$17,397
4.0%
Asking Price
$839,000
Estimated Purchase Price
$900,000
Stamp Duty
$49,070
Transfer Fee
$2,212
Conveyancing
$1,196
Deposit (10%)
$90,000
Reg. Mortgage
$129
LMI Premium
$25,662
Renovation Costs
-
Total Cash/Equity Required
$168,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,607
$41,308
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$24,853
-$12,152
Depreciation
-
-
Tax Offset
-$7,456
-$3,645
Net Cashflow After Tax
-$17,397
-$8,506
Unlock the power of Picki
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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
$810,000
$810,000
$71,100
$782,819
