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$680K
$113,471
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Not Applicable
The property features a mud brick homestead designed with an emphasis on space and natural light. With a roomy layout, it boasts an open plan lounge with a high timber-lined ceiling and exposed beams, large windows, and an airy kitchen with a modern electric stove and island bench. There are four spacious bedrooms, a modern bathroom, and ample storage facilities. Water supply includes rainwater tanks and a catchment dam, suitable for various livestock. The property has excellent vehicle access with a long bitumen road frontage.
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83.6%
-
-
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Try Picki for FREE$50,000
-$29,980
-
Asking Price
$680,000
Estimated Purchase Price
$630,000
Stamp Duty
$32,870
Transfer Fee
$1,580
Conveyancing
$1,196
Deposit (10%)
$63,000
Reg. Mortgage
$129
LMI Premium
$17,964
Renovation Costs
-
Total Cash/Equity Required
$117,288
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,407
-$7,055
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$42,829
-$44,477
Depreciation
-
-
Tax Offset
-$12,849
-$13,343
Net Cashflow After Tax
-$29,980
-$31,134
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$567,000
$567,000
$159,240
$745,869
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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)
No data available
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
