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$1.1M
$217,962
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Try Picki for FREEConfidence
High
High
$610,000
Medium
$590,000
Low
$570,000
Confidence
Medium
This exceptional waterfront property, held within the same family since 1977, is now available under the direction of the Executor. Nestled on the banks of the Goulburn River at the sought-after location of Kirwans Bridge, the property comprises a consolidated double block of 2,947m2, providing direct access to the water's edge. It features two homes: a spacious three-bedroom family home and a cozy one-bedroom cottage. A double garage and a substantial carport accompany garden sheds amidst established gardens. Additional perks include a 2-meg water right, making this an unparalleled opportunity for ownership of prime riverfront real estate.
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95.7%
$609K
4.4%
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Try Picki for FREE$10,000
-$13,790
3.8%
Asking Price
-
Estimated Purchase Price
$580,000
Stamp Duty
$29,870
Transfer Fee
$1,463
Conveyancing
$1,196
Deposit (10%)
$58,000
Reg. Mortgage
$129
LMI Premium
$16,538
Renovation Costs
-
Total Cash/Equity Required
$107,745
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$14,751
$21,637
Interest Repayments
$34,452
$34,452
Net Cashflow Before Tax
-$19,701
-$12,815
Depreciation
-
-
Tax Offset
-$5,910
-$3,845
Net Cashflow After Tax
-$13,790
-$8,971
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$522,000
$522,000
$108,120
$617,107
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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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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
