$705K
$106,375
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Try Picki for FREEConfidence
High
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Medium
Explore this charming 3-bedroom home located centrally in Boambee East, adjacent to the convenient IGA shopping centre. Recently enhanced with new carpet and refurbished bathroom, the home boasts spacious bedrooms, each equipped with built-in robes. A standout feature is the expansive covered rear deck, perfect for outdoor enjoyment. The property is energy-efficient with solar power and offers a private backyard spa for relaxation. With internal access from the single garage and additional side parking for a trailer, this home is ideal for families, featuring a fully fenced yard secure for children and pets.
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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
4.2%
69.8%
$630K
5.1%
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Try Picki for FREE$50,000
-$9,264
5.0%
Asking Price
$720,000
Estimated Purchase Price
$670,000
Stamp Duty
$24,885
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$67,000
Reg. Mortgage
$164
LMI Premium
$17,253
Renovation Costs
-
Total Cash/Equity Required
$111,498
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
$39,798
$39,798
Net Cashflow Before Tax
-$13,235
-$1,441
Depreciation
-
-
Tax Offset
-$3,970
-$432
Net Cashflow After Tax
-$9,264
-$1,008
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$603,000
$603,000
$165,960
$787,097