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$695K
$140,190
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Try Picki for FREEConfidence
High
High
$735,000
Medium
$695,000
Low
$655,000
Confidence
Medium
This stylish family home, located in a peaceful court of Echuca's newly established Park View Estate, offers spacious indoor and outdoor living. It features four bedrooms, including a master bedroom with a walk-in robe and double ensuite. The home provides two living areas, a main open-plan kitchen equipped with stone benchtops and a butler's pantry, and high square set ceilings. Enjoy modern conveniences like ducted heating and cooling, a storage room, an IG sprinkler system, and a 7.8kW solar system with a battery. The large 1,010sqm allotment provides ample backyard space perfect for a pool or shed addition, enhancing its entertaining appeal with a seamless alfresco area. Located close to schools, the new Woolworths West supermarket complex, and parkland, this property promises a blend of comfort, style, and convenience.
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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...
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
0.6%
77.4%
$685K
4.9%
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-$11,602
4.6%
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
$32,240
$45,888
Property Management
+7.7% PA
$2,482
$3,533
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
$24,709
$35,766
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$16,574
-$5,517
Depreciation
-
-
Tax Offset
-$4,972
-$1,655
Net Cashflow After Tax
-$11,602
-$3,862
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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
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