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$729K
$125,167
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$780,000
Medium
$750,000
Low
$720,000
Confidence
Medium
This unique three-bedroom, two-bathroom property in the heart of Cowaramup village is a versatile gem. With high raked ceilings and an open-plan layout, it promises abundant light and space. The home offers quality fittings, large north-facing sliding doors, a charming courtyard, and an outdoor shower. Creative professionals can benefit from a functional office or studio space. An additional two-bedroom apartment presents further living or business opportunities. The property's flexible layout and prime location make it suitable for various ventures, including Airbnb, business use, or long-term rental. Four car bays, insulation, and modern air conditioning enhance its appeal.
Trusted by over 13k property buyers and counting...
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79.9%
$721K
5%
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Try Picki for FREE$20,000
-$8,826
5.4%
Asking Price
$729,000
Estimated Purchase Price
$730,000
Stamp Duty
$28,711
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$73,000
Reg. Mortgage
$203
LMI Premium
$20,815
Renovation Costs
-
Total Cash/Equity Required
$125,167
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,520
$56,249
Property Management
+8.2% PA
$3,241
$4,612
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
$30,753
$44,427
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$12,609
$1,065
Depreciation
-
-
Tax Offset
-$3,783
$319
Net Cashflow After Tax
-$8,826
$745
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$657,000
$657,000
$144,000
$791,017
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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
