$900K
-
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Try Picki for FREEConfidence
Medium
High
$960,000
Medium
$900,000
Low
$840,000
Confidence
Not Found
This stunning 21-hectare property in the picturesque Osmington within the Margaret River Shire offers breathtaking views of the bushland and serene valleys. Just 17km from Margaret River town, it provides access to amenities like shopping, schools, cafes, and healthcare. The land, ideal for agriculture, is currently used for hay production and cattle grazing. With fertile soil and mostly cleared land, it invites you to create your dream rural home. It features a building envelope and has reliable rainfall, fenced paddocks, and beautiful Marri-Peppermint trees, providing both practicality and natural beauty.
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45.5%
$2.1M
1.7%
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Try Picki for FREE-$90,000
-$45,032
-
Asking Price
$900,000
Estimated Purchase Price
$990,000
Stamp Duty
$42,101
Transfer Fee
$393
Conveyancing
$1,535
Deposit (10%)
$99,000
Reg. Mortgage
$203
LMI Premium
$28,229
Renovation Costs
-
Total Cash/Equity Required
$172,010
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
$58,806
$58,806
Net Cashflow Before Tax
-$64,332
-$66,016
Depreciation
-
-
Tax Offset
-$19,300
-$19,805
Net Cashflow After Tax
-$45,032
-$46,211
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$891,000
$891,000
$70,200
$846,621
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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