$699K
$119,846
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Try Picki for FREEConfidence
Medium
High
$780,000
Medium
$710,000
Low
$640,000
Confidence
Not Found
Discover a charming 100-year-old country cottage in Wooroloo, rich with history and potential. With options starting from $699,000, transform the adjoining store into a home extension or operate a general and liquor store. This renovated 3-bedroom, 1-bathroom home boasts high ceilings, a modern kitchen, and a bathroom spa. Enjoy seasonal comfort with split system air conditioning and a cozy wood-burning fire. Set on a half-acre, the property features mature trees, a secluded yard, a winter creek, and 64 solar panels. Ample space is provided with a 94sqm vintage stock feed shed, perfect for creative pursuits.
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87.3%
$520K
6.4%
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Try Picki for FREE-$30,000
-$34,633
-
Asking Price
$740,000
Estimated Purchase Price
$740,000
Stamp Duty
$29,226
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$74,000
Reg. Mortgage
$203
LMI Premium
$21,100
Renovation Costs
-
Total Cash/Equity Required
$126,967
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,814
$2,367
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,519
-$7,201
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$49,475
-$51,157
Depreciation
-
-
Tax Offset
-$14,843
-$15,347
Net Cashflow After Tax
-$34,633
-$35,810
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$758,280
$1,370,790
Loan Balance
I.O
$666,000
$666,000
$92,280
$704,790
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2021 Population
Suburbs
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 10.0%
Construction - 9.0%
Others - 57.0%
Average Income
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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
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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