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$320K
$54,466
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Try Picki for FREEConfidence
High
High
$350,000
Medium
$320,000
Low
$290,000
Confidence
Medium
Welcome to 238 High Street, Violet Town. Perfectly positioned between Euroa and Benalla, this property offers easy access to the Hume Highway. Situated on a corner block, it's within walking distance to cafes and restaurants. Inside, enjoy a spacious lounge with woodfire, ceiling fan, and split system. The connected dining area leads to a functional kitchen equipped with gas appliances and a dishwasher. The house features three large bedrooms, two with built-in robes, and a bathroom ready for your personal touch. An open sunroom provides access to the sizable rear yard. Outside, the charming facade, large front yard, and ample powered shedding add value. The home is restumped and rewired with town services, including NBN internet and bottled gas.
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71.4%
$578K
342.2%
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-$4,324
6.2%
Asking Price
$320,000
Estimated Purchase Price
$320,000
Stamp Duty
$14,270
Transfer Fee
$855
Conveyancing
$1,196
Deposit (10%)
$32,000
Reg. Mortgage
$129
LMI Premium
$5,468
Renovation Costs
-
Total Cash/Equity Required
$54,467
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
$19,008
$19,008
Net Cashflow Before Tax
-$6,177
-$104
Depreciation
-
-
Tax Offset
-$1,853
-$31
Net Cashflow After Tax
-$4,324
-$73
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$341,760
$617,821
Loan Balance
I.O
$288,000
$288,000
$53,760
$329,821
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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
