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$690K
$118,086
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$690,000
Low
$640,000
Confidence
Medium
Discover this captivating 6.8 acre farmlet nestled among picturesque hills, lush trees, and serene streams. This property offers a rare combination of tranquility and convenience, being just a short walk from local shops, taverns, schools, and restaurants. Enjoy the proximity to the beach, only a short drive away. This unique opportunity not only promises an engaging inspection but also invites you to experience the harmonious blend of stunning natural beauty and vibrant community amenities.
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79.9%
$721K
5%
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-$17,522
3.4%
Asking Price
$690,000
Estimated Purchase Price
$690,000
Stamp Duty
$26,790
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$69,000
Reg. Mortgage
$203
LMI Premium
$19,675
Renovation Costs
-
Total Cash/Equity Required
$118,086
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
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
$15,955
$23,364
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$25,031
-$17,622
Depreciation
-
-
Tax Offset
-$7,509
-$5,287
Net Cashflow After Tax
-$17,522
-$12,335
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$621,000
$621,000
$115,920
$711,176
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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
