$795K
$141,145
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
80%
High
$860,000
Medium
$795,000
Low
$730,000
Confidence
70%
Experience family living in this spacious 1960s brick home featuring 4 bedrooms and 2 bathrooms. Enjoy picturesque rural views from the large lounge connected to a formal dining room. A country-style kitchen includes a Belling stove, while wood heating and ducted evaporative cooling ensure comfort. Outside, a massive 18m x 18m workshop offers ample space for projects with power and concrete flooring. Set on approximately 7.6 acres, the property is perfect for family activities, with well-fenced paddocks, a dam, and shade trees. Conveniently located 5 minutes from Winton and 15 minutes from Benalla.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
93.2%
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$30,000
-$20,270
3.1%
Asking Price
$795,000
Estimated Purchase Price
$765,000
Stamp Duty
$40,970
Transfer Fee
$1,896
Conveyancing
$1,196
Deposit (10%)
$76,500
Reg. Mortgage
$129
LMI Premium
$21,813
Renovation Costs
-
Total Cash/Equity Required
$143,053
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,483
$24,067
Interest Repayments
$45,441
$45,441
Net Cashflow Before Tax
-$28,958
-$21,374
Depreciation
-
-
Tax Offset
-$8,687
-$6,412
Net Cashflow After Tax
-$20,270
-$14,962
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$688,500
$688,500
$160,560
$846,398
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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