$799K
$134,549
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Try Picki for FREEConfidence
Medium
High
$920,000
Medium
$820,000
Low
$720,000
Confidence
Medium
Discover the charm of this Boambee home, offering the perfect blend of rural peace and city convenience. Just a short drive from beaches and estuaries, the property is directly across from Boambee Public School. With a level block and side access, the fully fenced yard is great for families and pets. Sunlight fills the north-facing home with three bedrooms, all featuring built-in robes. The master bedroom is connected to the two-way bathroom. The home also boasts three living areas, a spacious laundry with a second WC, a double carport, and a single garage. Recent upgrades include a new Colorbond roof and solar hot water system.
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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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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
0%
84.9%
$1.1M
4%
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Try Picki for FREE$15,000
-$14,878
4.2%
Asking Price
$799,000
Estimated Purchase Price
$805,000
Stamp Duty
$30,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$80,500
Reg. Mortgage
$164
LMI Premium
$20,729
Renovation Costs
-
Total Cash/Equity Required
$134,549
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,257
$1,640
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
$26,563
$38,357
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$21,254
-$9,460
Depreciation
-
-
Tax Offset
-$6,376
-$2,838
Net Cashflow After Tax
-$14,878
-$6,622
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$724,500
$724,500
$151,260
$858,666