$799K
$155,459
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Try Picki for FREEConfidence
High
High
$840,000
Medium
$780,000
Low
$720,000
Confidence
Medium
In a sought-after street within the Nagambie Kirwans Bridge region, this 2-acre property offers a 3-bedroom brick veneer home with verandas, an open-plan lounge, dining area with wood fire, and split system. It features new carpet, a master suite with ensuite, and an additional bedroom or study. An extra 6x12 shed with power, a concrete floor, and solar panels sits on an 8344m2 parcel with a bush-like setting. The property has 2 meg water rights and access close to a boat ramp, ideal for kayaking and fishing. Only 5 minutes to Nagambie, this home provides privacy, space, and is ready for personalized improvements.
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95.7%
$609K
4.4%
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Try Picki for FREE-$95,000
-$22,361
3.1%
Asking Price
$850,000
Estimated Purchase Price
$875,000
Stamp Duty
$47,570
Transfer Fee
$2,153
Conveyancing
$1,196
Deposit (10%)
$87,500
Reg. Mortgage
$129
LMI Premium
$24,950
Renovation Costs
-
Total Cash/Equity Required
$164,047
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,560
$39,226
Property Management
+7.7% PA
$2,122
$3,020
Rates
+3.0% PA
$2,142
$2,795
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
$20,031
$29,151
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$31,944
-$22,824
Depreciation
-
-
Tax Offset
-$9,583
-$6,847
Net Cashflow After Tax
-$22,361
-$15,977
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$787,500
$787,500
$45,540
$718,438
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 9.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
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Sold Price
Asking Price