$999K
$199,476
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$820,000
Low
$750,000
Confidence
Not applicable
This impressive 1.3961ha (3.44 acres) countryside property offers a spacious Hardiplank weatherboard home with extensive amenities. Located about 8 km southeast of Lancelin, it boasts panoramic ocean views from the verandah. The home features a generous 410sqm under the main roof, including an alfresco area, a vast open-plan lounge, and dining space with high cedar timber ceilings. It has four spacious bedrooms, including a main with WIR ensuite, a central vacuum system, and reverse cycle air conditioning. Additional highlights include a huge games/TV room, a second entertaining area with a BBQ pizza oven, a fish pond, and two powered sheds with extensive space for work or vehicle storage. The property includes a bore, two rainwater tanks, a 7 KVA backup generator, a solar HWS, a solar system with 40 panels, and easy-care reticulated gardens. Enclosed by quality boundary fencing, it includes a security system and chook yard. Suited for a vehicle enthusiast or someone looking to work from home.
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90.3%
$250K
11.9%
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Try Picki for FREE$10,000
-$37,228
-
Asking Price
-
Estimated Purchase Price
$810,000
Stamp Duty
$32,831
Transfer Fee
$373
Conveyancing
$1,535
Deposit (10%)
$81,000
Reg. Mortgage
$203
LMI Premium
$23,096
Renovation Costs
-
Total Cash/Equity Required
$139,588
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
$48,114
$48,114
Net Cashflow Before Tax
-$53,183
-$54,728
Depreciation
-
-
Tax Offset
-$15,955
-$16,418
Net Cashflow After Tax
-$37,228
-$38,310
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$729,000
$729,000
$146,760
$854,166
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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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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.
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
No data available
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price