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Withheld
$1,746
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
Explore this unique opportunity in Nagambie where a 1.081 ha (7-acre) property is up for grabs, featuring a professionally renovated Federation-style home on Lot 1. This four-bedroom, two-bathroom home boasts polished timber floors and classic timber passageway ceilings, creating a classy ambiance. Heating is hydronic with three fireplaces, while evaporative cooling ensures comfort. Wide verandas wrap around the home, adding to its charm. The property has a planning permit for subdivision into six generous allotments, offering vacant land sizes from 926 to 1674 m². Situated close to Lake Nagambie, this property is not only central but close to essential amenities.
Trusted by over 13k property buyers and counting...
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75.3%
$595K
4.8%
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Try Picki for FREE-$155,000
-$56,117
2.2%
Asking Price
$1,890,000
Estimated Purchase Price
$1,905,000
Stamp Duty
$104,775
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$190,500
Reg. Mortgage
$129
LMI Premium
$59,608
Renovation Costs
-
Total Cash/Equity Required
$360,374
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
$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
$32,990
$47,596
Interest Repayments
$113,157
$113,157
Net Cashflow Before Tax
-$80,167
-$65,561
Depreciation
-
-
Tax Offset
-$24,050
-$19,668
Net Cashflow After Tax
-$56,117
-$45,893
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,714,500
$1,714,500
$154,500
$1,664,207
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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...
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
