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$520K
$83,739
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Try Picki for FREEConfidence
High
High
$520,000
Medium
$480,000
Low
$440,000
Confidence
Medium
Discover this charming home in a serene location, perfect for comfortable living. Nestled on a spacious 1600 square meter lot, this well-built, fully insulated property offers modern amenities. Enjoy the benefits of mains electricity, a 3.5 KW solar system, and a solar backup generator. The home comprises two bedrooms, two rumpus rooms, a lounge, a dining area, and a kitchen with an electric stove. The double garage accommodates four cars, and the large garden adds tranquility. Conveniently located near the Strathbogie Store, with easy access to a quiet court and 2 hours from Melbourne. Ideal for those seeking peace and functionality.
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87.8%
-
-
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-$10,976
4.1%
Asking Price
$520,000
Estimated Purchase Price
$480,000
Stamp Duty
$23,870
Transfer Fee
$1,229
Conveyancing
$1,196
Deposit (10%)
$48,000
Reg. Mortgage
$129
LMI Premium
$10,611
Renovation Costs
-
Total Cash/Equity Required
$85,584
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
$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
$12,831
$18,904
Interest Repayments
$28,512
$28,512
Net Cashflow Before Tax
-$15,681
-$9,608
Depreciation
-
-
Tax Offset
-$4,704
-$2,882
Net Cashflow After Tax
-$10,976
-$6,726
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$432,000
$432,000
$80,640
$494,731
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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
