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$1.15M
$218,905
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High
-
Medium
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Low
-
Confidence
The Springs at 585 Irvine Road, Thoona is a 100-acre rural retreat offering a blend of rustic charm and modern comfort. Featuring panoramic views, this charming brick home with a wraparound verandah and double-glazed windows promises a serene living experience. The expansive living room is perfect for gatherings, while six spacious bedrooms offer peaceful landscape views. A farmhouse-style dining area connects to a functional kitchen ripe for renovation. Outdoor enjoyment is easy with a timber deck overlooking the countryside. The property includes ample laundry and storage space, a carport, and versatile outbuildings. Positioned conveniently between Taminick and Thoona, with easy access to local towns, this property offers a balanced country lifestyle and endless possibilities.
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87.6%
$394K
7.9%
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Try Picki for FREE-$100,000
-$51,398
-
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
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,850
$2,414
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
-$5,115
-$6,674
Interest Repayments
$68,310
$68,310
Net Cashflow Before Tax
-$73,425
-$74,984
Depreciation
-
-
Tax Offset
-$22,028
-$22,495
Net Cashflow After Tax
-$51,398
-$52,489
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Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,035,000
$1,035,000
$86,400
$992,224
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Retail Trade - 9.0%
Others - 56.0%
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...
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
