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$1.15M
$194,339
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
Introducing an effortlessly sophisticated home in Wangaratta, this property offers modern living on a 1123 sqm lot. Featuring an expansive master suite, three additional bedrooms, multiple living spaces including a home theatre and office, this home is perfect for families. The sleek kitchen with high-quality appliances is central to the north-facing living and dining areas. Outside, enjoy a pool area with covered alfresco and outdoor kitchen. Additional amenities include a double garage, workshop, and reverse cycle heating/cooling.
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Try Picki for FREELocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 11.0%
Manufacturing - 10.0%
Education and Training - 8.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
1.6%
82.3%
$660K
4.2%
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Try Picki for FREE-$90,000
-$32,416
2.5%
Asking Price
$1,200,000
Estimated Purchase Price
$1,140,000
Stamp Duty
$62,700
Transfer Fee
$2,773
Conveyancing
$1,196
Deposit (10%)
$114,000
Reg. Mortgage
$129
LMI Premium
$35,671
Renovation Costs
-
Total Cash/Equity Required
$217,019
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,725
$2,251
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
$21,408
$31,061
Interest Repayments
$67,716
$67,716
Net Cashflow Before Tax
-$46,308
-$36,655
Depreciation
-
-
Tax Offset
-$13,892
-$10,996
Net Cashflow After Tax
-$32,416
-$25,658
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$1,026,000
$1,026,000
$95,400
$1,001,224
