$120K
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"Build your dream home STCA 5308m2 block size Power and water available Crossover completed prior to settlement Quiet town Rural views Walking distance to the local watering hole the pub 10 Minutes to Nathalia 25 minutes to Barmah Lakes"
Below are some similar properties in the area you may be interested in.
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66.4%
-
-
$5,000
-$8,238
-
-
-45.2%
6.0%
Asking Price
$120,000
Estimated Purchase Price
$115,000
Stamp Duty
$2,510
Transfer Fee
$375
Conveyancing
$1,196
Deposit (10%)
$11,500
Reg. Mortgage
$129
LMI Premium
$1,965
Renovation Costs
-
Total Cash/Equity Required
$18,224
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,673
$2,183
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
-$4,938
-$6,443
Interest Repayments
$6,831
$6,831
Net Cashflow Before Tax
-$11,769
-$13,274
Depreciation
-
-
Tax Offset
-$3,531
-$3,982
Net Cashflow After Tax
-$8,238
-$9,292
Assumptions
Year 1
Year 10
Property Value
6.8%
$128,160
$231,683
Loan Balance
I.O
$103,500
$103,500
$24,660
$128,183
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 19.0%
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 11.0%
Others - 45.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price