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$420K
$74,517
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$440,000
Low
$420,000
Confidence
Low
This modern 2-bedroom home, approximately 2 years old, is located in a quiet, tree-lined street of Violet Town. The house boasts a stylish, low-maintenance corrugated colorbond exterior. Inside, it features built-in robes, a vaulted ceiling in the open-plan family living area, and abundant natural light. The kitchen includes an electric ceramic cooktop, oven, and pantry. Carpeted lounge and bedrooms with imitation timber flooring complete the interior. Additional amenities include a reverse-cycle air conditioner, a verandah, township water, sewerage, a 1,000-litre rainwater tank, TV, and NBN connections. This home offers easy living with settlement terms flexible from 30 to 60 days or earlier by agreement.
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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...
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%
71.4%
$578K
342.2%
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-$9,313
4.5%
Asking Price
$440,000
Estimated Purchase Price
$440,000
Stamp Duty
$21,470
Transfer Fee
$1,135
Conveyancing
$1,196
Deposit (10%)
$44,000
Reg. Mortgage
$129
LMI Premium
$9,727
Renovation Costs
-
Total Cash/Equity Required
$78,206
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
$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
$12,831
$18,904
Interest Repayments
$26,136
$26,136
Net Cashflow Before Tax
-$13,305
-$7,232
Depreciation
-
-
Tax Offset
-$3,991
-$2,170
Net Cashflow After Tax
-$9,313
-$5,062
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$469,920
$849,504
Loan Balance
I.O
$396,000
$396,000
$73,920
$453,504
