$1.28M
$227,828
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Try Picki for FREEConfidence
High
High
$1,360,000
Medium
$1,280,000
Low
$1,200,000
Confidence
Medium
Welcome to Honeytree Grove, a stunning property in Cowaramup's prime neighborhood. This charming home offers a serene country vibe with its beautiful garden and tasteful blue and white exterior. Inside, the home features a sophisticated entrance, a luxurious master suite with an ensuite, and bright living spaces with high coffered ceilings. Enjoy modern convenience in a well-equipped kitchen with a cocktail bar, and versatile spaces including a theatre and art room. The backyard is a gardener's delight with fruit trees and protected veggie patches, complemented by a low-maintenance reticulated garden system. With ducted air conditioning, new carpets, a freshly painted interior, and built by WA Country Builders, this home combines comfort and quality. Enjoy year-round outdoor entertaining with an undercover area and extra paved patio. Convenient amenities include a dishwasher, hardstand for caravans or boats, and a small shed for storage.
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2021 Population
Suburbs
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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%
83.4%
$995K
4%
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-$28,688
3.5%
Asking Price
$1,280,000
Estimated Purchase Price
$1,280,000
Stamp Duty
$57,036
Transfer Fee
$453
Conveyancing
$1,535
Deposit (10%)
$128,000
Reg. Mortgage
$203
LMI Premium
$40,052
Renovation Costs
-
Total Cash/Equity Required
$227,828
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+8.2% PA
$3,624
$5,159
Rates
+3.0% PA
$1,821
$2,376
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
$35,050
$50,542
Interest Repayments
$76,032
$76,032
Net Cashflow Before Tax
-$40,982
-$25,490
Depreciation
-
-
Tax Offset
-$12,295
-$7,647
Net Cashflow After Tax
-$28,688
-$17,843
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$1,152,000
$1,152,000
$215,040
$1,319,283