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$700K
$130,648
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Try Picki for FREEConfidence
High
High
$780,000
Medium
$710,000
Low
$640,000
Confidence
Medium
Nestled on a tranquil 5-acre bush block, this property offers a unique lifestyle opportunity with two charming homes. The main house is a rustic log cabin with open-plan living, soaring ceilings, a cozy wood fire, and air conditioning. Large windows connect you with nature, while a country-style kitchen, two bedrooms with built-in robes, and a modern bathroom provide comfort. A massive undercover deck extends the living space outdoors. The self-contained studio bungalow is versatile, great for guests or rental income. The semi-off-grid setup includes three large water tanks, septic system, and gas bottle connections. With ample shed space and proximity to cafes, spas, and major towns, this property is an ideal balance of seclusion and convenience, perfect for those seeking a peaceful retreat or new home.
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92.1%
$453K
5.5%
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-$14,425
4.0%
Asking Price
$710,000
Estimated Purchase Price
$710,000
Stamp Duty
$37,670
Transfer Fee
$1,767
Conveyancing
$1,196
Deposit (10%)
$71,000
Reg. Mortgage
$129
LMI Premium
$20,245
Renovation Costs
-
Total Cash/Equity Required
$132,556
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,567
$31,269
Interest Repayments
$42,174
$42,174
Net Cashflow Before Tax
-$20,607
-$10,905
Depreciation
-
-
Tax Offset
-$6,182
-$3,272
Net Cashflow After Tax
-$14,425
-$7,634
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Year 1
Year 10
Property Value
6.8%
$758,280
$1,370,790
Loan Balance
I.O
$639,000
$639,000
$119,280
$731,790
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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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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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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
