$3.15M
$541,974
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$3,200,000
Medium
$3,000,000
Low
$2,800,000
Confidence
Medium
Discover a riverside retreat on 18 acres with Murray River frontage. This two-story home features a wraparound veranda, 5 bedrooms, including a master suite with ensuite and walk-in robe, plus modern amenities like double-glazed doors, a dual-sided gas fireplace, and an indoor heated pool. Enjoy panoramic views and outdoor activities, supported by 10 megalitres of water and a bore for irrigation. Multiple sheds provide ample storage.
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91.5%
-
-
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Try Picki for FREE$85,000
-$84,423
2.1%
Asking Price
$3,150,000
Estimated Purchase Price
$2,915,000
Stamp Duty
$169,475
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$291,500
Reg. Mortgage
$129
LMI Premium
$91,212
Renovation Costs
-
Total Cash/Equity Required
$557,677
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,546
$75,388
Interest Repayments
$173,151
$173,151
Net Cashflow Before Tax
-$120,605
-$97,763
Depreciation
-
-
Tax Offset
-$36,181
-$29,329
Net Cashflow After Tax
-$84,423
-$68,434
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$3,204,000
$5,792,070
Loan Balance
I.O
$2,623,500
$2,623,500
$580,500
$3,168,570
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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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projected
for 2024 to 2026
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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price