4. Property Auction Result

606/120 Palmer St, Richmond TAS 7025

606/120 Palmer St, Richmond TAS 7025

Apartment 2

Passed In $620,000 on 20 Aug 2016

Distance To CBD: 596 km

  • Agency: Little Real Estate

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 23,664

    Mortgage registration fee $125

    Transfer fee $191

    Stamp duty on property $23,348
    *based on property value $620,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 2,663

    Total interest payable $462,549

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $496,000 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    1/28 Bridge Street 2 $480,000

    Comparable Rent Properties

    Address Rent Price
    1/50 Bridge Street 2 $280 p/w
    1/50 Bridge Street 2 $295 p/w

    Richmond, TAS 7025
    (18.68 km to CBD)

    Median House Price

    $865,000

    Median Unit Price

    $881,850

    Surrounding Suburbs