$495K
$90,747
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Discover a versatile property at A Winter Creek, ideal for various pursuits. This block features elevated house sites, wildflowers, cleared areas, and bushland. Offered for the first time in 50 years, it boasts scheme water and power access. The northern end, adjacent to Lukin Road, showcases a winter creek, wildflowers, and dams. Fencing is present on two sides, with additional fencing needed for livestock. Consider purchasing adjacent Lot 166 to enhance your investment.
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81%
-
-
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Try Picki for FREE-$80,000
-$13,969
3.4%
Asking Price
$495,000
Estimated Purchase Price
$530,000
Stamp Duty
$19,190
Transfer Fee
$313
Conveyancing
$1,535
Deposit (10%)
$53,000
Reg. Mortgage
$203
LMI Premium
$11,716
Renovation Costs
-
Total Cash/Equity Required
$86,507
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.2% PA
$1,492
$2,124
Rates
+3.0% PA
$1,476
$1,926
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
$11,527
$17,020
Interest Repayments
$31,482
$31,482
Net Cashflow Before Tax
-$19,955
-$14,462
Depreciation
-
-
Tax Offset
-$5,987
-$4,339
Net Cashflow After Tax
-$13,969
-$10,123
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$477,000
$477,000
$3,600
$391,810
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 13.0%
Education and Training - 10.0%
Retail Trade - 9.0%
Others - 52.0%
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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Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
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Sold Price
Asking Price