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$459K
$64,729
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Discover 24 Savoy Street, Barraba. A spacious 4-bedroom home offers comfortable living close to town amenities. Enjoy two roomy living areas, a main bedroom with ensuite, and a kitchen with new appliances. Benefit from split-system air conditioning and a small front veranda with views. Includes office space with separate entry. Perfect for families, near swimming pool, parks, and schools. A must-see home.
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
2.5%
72.9%
$280K
3.5%
Unlock Property Investment Scores
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Try Picki for FREE$40,000
-$7,532
4.8%
Asking Price
$459,000
Estimated Purchase Price
$410,000
Stamp Duty
$13,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$41,000
Reg. Mortgage
$164
LMI Premium
$8,185
Renovation Costs
-
Total Cash/Equity Required
$64,730
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,500
$27,755
Property Management
+7.7% PA
$1,502
$2,137
Rates
+3.0% PA
$1,027
$1,340
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$13,595
$19,871
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$10,760
-$4,483
Depreciation
-
-
Tax Offset
-$3,228
-$1,345
Net Cashflow After Tax
-$7,532
-$3,138
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$369,000
$369,000
$111,600
$499,810
