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$2M
$396,155
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Not Found
The Cottage on Folie Farm offers a serene retreat in a forested setting. This original 1930s home features a 3-bedroom, 1-bath layout with a wrap-around veranda, fireplace, and reverse cycle air conditioning. Enjoy the diverse native flora and fauna, protected by a conservation covenant. The property includes a 2.52ha paddock, ideal for horses, and is close to riding trails and the Margaret River. Additional features include a dam, powered workshop, 105m2 shed, vegetable patch, and chook house.
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63.8%
$2.1M
1.7%
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Try Picki for FREE$445,000
-$4,076
-
Asking Price
$5,000
Estimated Purchase Price
$5,000
Stamp Duty
$95
Transfer Fee
$203
Conveyancing
$1,535
Deposit (10%)
$500
Reg. Mortgage
$203
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$3,171
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
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
-$5,526
-$7,210
Interest Repayments
$297
$297
Net Cashflow Before Tax
-$5,823
-$7,507
Depreciation
-
-
Tax Offset
-$1,747
-$2,252
Net Cashflow After Tax
-$4,076
-$5,255
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Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$4,500
$4,500
$476,100
$864,310
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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
