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$1.3M
$278,324
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,000,000
Medium
$950,000
Low
$900,000
Confidence
Medium
Explore the unique lifestyle offered at Karma Park, a charming traditional weatherboard home with expansive spaces. The main residence boasts 4 bedrooms, 2 bathrooms, and a large kitchen with accompanying dining area, perfect for gatherings. An enclosed verandah on the north side provides warmth during cooler months. Additional income opportunities exist with a 2-bedroom rental cottage featuring 2 toilets and a sweeping verandah, as well as refreshed 2-bedroom shearers' quarters. For those in agriculture, the property offers a robust water supply, extensive equine and livestock infrastructure, and ample storage sheds. Located under 10 minutes from Euroa and just over an hour to Melbourne, this idyllic property promises both tranquility and accessibility.
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82.6%
-
-
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Try Picki for FREE$15,000
-$15,546
4.5%
Asking Price
-
Estimated Purchase Price
$935,000
Stamp Duty
$51,170
Transfer Fee
$2,294
Conveyancing
$1,196
Deposit (10%)
$93,500
Reg. Mortgage
$129
LMI Premium
$26,660
Renovation Costs
-
Total Cash/Equity Required
$175,498
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,802
$2,351
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
$33,330
$48,039
Interest Repayments
$55,539
$55,539
Net Cashflow Before Tax
-$22,209
-$7,500
Depreciation
-
-
Tax Offset
-$6,663
-$2,250
Net Cashflow After Tax
-$15,546
-$5,250
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$841,500
$841,500
$173,100
$992,655
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 17.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Health Care and Social Assistance - 10.0%
Others - 50.0%
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)
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Average Days of Supply
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Average Population
Sold Price
Asking Price
