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$599K
$125,876
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Try Picki for FREEConfidence
High
High
$658,000
Medium
$599,000
Low
$540,000
Confidence
Medium
This property is a spacious four-bedroom, two-bathroom home located near Echuca on a 1.7-acre block. Featuring new carpets, ducted evaporative cooling, and a wood fireplace, it also includes a well-maintained kitchen with gas cooking. The brick veneer house comes with a double carport, multiple storage sheds, and a granny flat that serves as an excellent potential rental opportunity. Offering an expansive outdoor area with dog runs and room for children or pets, this country home provides a comfortable country lifestyle. It's an ideal move-in-ready home with ample amenities.
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81.8%
$800K
2.7%
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Try Picki for FREE-$75,000
-$18,834
2.9%
Asking Price
$599,000
Estimated Purchase Price
$675,000
Stamp Duty
$35,570
Transfer Fee
$1,685
Conveyancing
$1,196
Deposit (10%)
$67,500
Reg. Mortgage
$129
LMI Premium
$19,247
Renovation Costs
-
Total Cash/Equity Required
$125,876
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
$1,784
$2,328
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
$13,189
$19,371
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$26,906
-$20,724
Depreciation
-
-
Tax Offset
-$8,072
-$6,217
Net Cashflow After Tax
-$18,834
-$14,507
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$607,500
$607,500
$33,300
$550,914
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Manufacturing - 13.0%
Agriculture, Forestry and Fishing - 13.0%
Retail Trade - 12.0%
Others - 47.0%
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 Days of Supply
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Average Population
Sold Price
Asking Price
