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$615K
$118,086
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$675,000
Low
$630,000
Confidence
Medium
This property offers a fantastic opportunity for families and investors in the captivating Margaret River region. Positioned on a 627m2 block, the package features a 3-bedroom, 2-bathroom home ideal for family living or as an investment. Conveniently located near the Margaret River CBD, parks, and stunning bush trails, it provides easy access to world-renowned beaches, wineries, and breweries. The offer includes fast build times, quality appliances, and unique design flexibility with a structural guarantee. Make this your home and secure your investment in one of Australia's most beautiful regions.
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74.2%
$800K
4.4%
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Try Picki for FREE-$30,000
-$11,462
4.8%
Asking Price
$654,000
Estimated Purchase Price
$705,000
Stamp Duty
$27,503
Transfer Fee
$353
Conveyancing
$1,535
Deposit (10%)
$70,500
Reg. Mortgage
$203
LMI Premium
$20,102
Renovation Costs
-
Total Cash/Equity Required
$120,746
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.2% PA
$2,772
$3,945
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
$25,502
$36,953
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$16,375
-$4,924
Depreciation
-
-
Tax Offset
-$4,912
-$1,477
Net Cashflow After Tax
-$11,462
-$3,447
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$720,900
$1,303,216
Loan Balance
I.O
$634,500
$634,500
$86,400
$668,716
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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
