$420K
$80,050
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Try Picki for FREEConfidence
Medium
High
$510,000
Medium
$480,000
Low
$450,000
Confidence
Low
This charming 2-bedroom, 1-bathroom stone cottage offers the perfect blend of rustic charm and modern comforts in a tranquil countryside setting. Ideal as a weekend getaway, investment, or permanent residence, the home features a spacious lounge, a well-equipped kitchen, and inviting architectural design with hardwood floors and timeless stonework. Situated on a generous 1634sqm lot, the property boasts a serene outdoor oasis and a double carport, currently leased until mid-2025, emphasizing its investment potential.
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84.2%
$613K
5.5%
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Try Picki for FREE$40,000
-$9,077
4.5%
Asking Price
$420,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
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
$1,805
$2,355
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
$13,168
$19,344
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$12,968
-$6,792
Depreciation
-
-
Tax Offset
-$3,890
-$2,038
Net Cashflow After Tax
-$9,077
-$4,755
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$396,000
$396,000
$116,640
$530,731
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Health Care and Social Assistance - 12.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Others - 52.0%
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