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$650K
$136,373
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Try Picki for FREEConfidence
Medium
High
$660,000
Medium
$620,000
Low
$580,000
Confidence
High
Discover the expansive charm of this 6-acre property featuring a unique 34-square home with distinctive brick and timber design. Boasting 4 bedrooms, an optional 5th, and 2 bathrooms, the property includes three distinct living areas. Comfort is assured year-round with wood heating, ducted evaporative cooling, and two split system reverse cycle air conditioners. Outdoors, enjoy an impressive 3.9m verandah, a secure storeroom, and extensive storage through a modern Colorbond shed and a substantial Machinery Shed with a workshop. Water needs are met by three rainwater tanks and channel water access. With neat, low-maintenance grounds and areas for stock paddocks, the location offers tranquility near Lake Cooper and Greens Lake, perfect for water enthusiasts and nature lovers. Don't miss the chance to own this slice of countryside heaven at 429 Darrigan Road.
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82.2%
$460K
4.4%
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Try Picki for FREE-$110,000
-$21,121
2.7%
Asking Price
$650,000
Estimated Purchase Price
$730,000
Stamp Duty
$38,870
Transfer Fee
$1,814
Conveyancing
$1,196
Deposit (10%)
$73,000
Reg. Mortgage
$129
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$136,373
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
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
$13,189
$19,371
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$30,173
-$23,991
Depreciation
-
-
Tax Offset
-$9,052
-$7,197
Net Cashflow After Tax
-$21,121
-$16,794
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$657,000
$657,000
$5,160
$540,028
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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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Trusted by over 13,000 property buyers and counting...
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
