True Cost calculator

For 8 Riversdale Road, HawthornClear

For 8 Riversdale Road, Hawthorn

Monthly reality

$9,841/mo

Repayments plus rates, insurance, and maintenance

Loan repaymentsCouncil ratesHome insuranceMaintenance reserve

20% deposit | 6.25% p.a. | 30-year loan | rates 0.35% | insurance 0.12% | maintenance 1% p.a.

Not legal, planning, or financial advice.

How we got this
Monthly reality$9,841

Arvocado cost model | as of 2026-07-06 | Model output from supplied price and assumptions.

Assumes 20% deposit, 6.25% p.a., 30-year loan; 0.35% of price each year; 0.12% of price each year; 1% of price each year

Deposit$320,000

Your input

Stamp duty$88,000

Victorian duty estimate

Transfer + registration$1,200-$1,500

Typical market range

Repayments$7,881

Arvocado cost model | as of 2026-07-06 | trueCostMonthlyRepaymentCents

Assumes 20% deposit, 6.25% p.a., 30-year loan

Rates estimate$467

Arvocado cost model | as of 2026-07-06 | trueCostAnnualRatesEstimateCents

0.35% of price each year

Insurance estimate$160

Arvocado cost model | as of 2026-07-06 | trueCostAnnualInsuranceEstimateCents

0.12% of price each year

Maintenance reserve$1,333

Arvocado cost model | as of 2026-07-06 | trueCostAnnualMaintenanceEstimateCents

1% of price each year

Loan repayments

Assumes 20% deposit, 6.25% p.a., 30-year loan

Estimate
How this is worked out

Uses the selected deposit, rate, and standard loan term to estimate the monthly loan payment.

$7,881/mo

Council rates

0.35% of price each year

Assumption
How this is worked out

Applies the selected yearly rates percentage to the property price, then divides by 12.

$467/mo

$5,600/yr

Home insurance

0.12% of price each year

Assumption
How this is worked out

Applies the selected yearly insurance percentage to the property price, then divides by 12.

$160/mo

$1,920/yr

Maintenance reserve

1% of price each year

Assumption
How this is worked out

Sets aside the selected yearly maintenance percentage, then divides by 12.

$1,333/mo

$16,000/yr

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True Cost on a $1,600,000

$9,841/mo

8 Riversdale Road, Hawthorn

Not legal, planning, or financial advice.