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$540K
$88,203
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Not Found
Discover the charm of rural living at Lot 36 Lake Street, Cullalla WA 6503. Set on 4 acres, this property offers a peaceful retreat with a cozy 3-bedroom, 1-bathroom home built with Steel Frame Hardiplank. The master bedroom is equipped with reverse cycle AC, and the open living space ensures comfort year-round with climate control options. Embrace sustainability with a 10kW solar system, water collection from both rain and bore sources, and ample storage in a large 20,000 KL tank. Outbuildings include a well-equipped shed and lean-tos. Ideal for hobby farmers or those seeking an eco-friendly lifestyle.
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71%
-
-
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Try Picki for FREE-$20,000
-$26,002
-
Asking Price
$540,000
Estimated Purchase Price
$540,000
Stamp Duty
$19,665
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$54,000
Reg. Mortgage
$203
LMI Premium
$11,937
Renovation Costs
-
Total Cash/Equity Required
$88,203
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$1,364
$1,780
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
-$5,069
-$6,614
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$37,145
-$38,690
Depreciation
-
-
Tax Offset
-$11,144
-$11,607
Net Cashflow After Tax
-$26,002
-$27,083
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$486,000
$486,000
$69,360
$517,959
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 45.0%
Construction - 8.0%
Retail Trade - 6.0%
Accommodation and Food Services - 5.0%
Others - 36.0%
Average Income
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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)
No data available
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Average Days of Supply
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Average Population
Sold Price
Asking Price
