$695K
$129,694
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$770,000
Medium
$695,000
Low
$620,000
Confidence
Medium
This charming two-bedroom home sits on approximately 4046sqm in the serene hamlet of Sutton Grange, offering an idyllic country lifestyle. The residence features a spacious living area with a high-raked ceiling and a cozy sunken lounge complemented by a solid wood heater. The open-plan dining area leads to a wraparound verandah perfect for entertaining. The kitchen boasts an electric cooktop, wall oven, and Miele dishwasher. Bedrooms come with built-in robes, and there is space for a home office. Servicing the home is a bathroom with shower and bath, and a laundry with external access connects to a garage. Additional features include multiple carports, a workshop studio, three water tanks, a small vineyard, and a barn for storage or a chicken house, all set in a location that promises relaxed living.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
0%
96.2%
$410K
824.4%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-
-$19,572
2.8%
Asking Price
$695,000
Estimated Purchase Price
$695,000
Stamp Duty
$36,770
Transfer Fee
$1,732
Conveyancing
$1,196
Deposit (10%)
$69,500
Reg. Mortgage
$129
LMI Premium
$19,817
Renovation Costs
-
Total Cash/Equity Required
$129,694
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
$1,650
$2,153
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
$13,323
$19,546
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$27,960
-$21,737
Depreciation
-
-
Tax Offset
-$8,388
-$6,521
Net Cashflow After Tax
-$19,572
-$15,216
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$742,260
$1,341,829
Loan Balance
I.O
$625,500
$625,500
$116,760
$716,329
Location, 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
Manufacturing - 22.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Public Administration and Safety - 9.0%
Others - 46.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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