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$638K
$106,375
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$615,000
Low
$590,000
Confidence
Medium
Discover your dream home in East Tamworth. This three-bedroom residence boasts an open-plan living area, modern kitchen, updated bathroom, and serene backyard with a pool. Positioned near Treloar Park and Tennis Club, this property offers prime location benefits. Enjoy tranquility with large windows and split-system air conditioning. Maximize your investment with a projected rent of $450-$470 per week. Act quickly to secure this opportunity.
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65.1%
$885K
1.8%
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Try Picki for FREE-$40,000
-$11,839
4.4%
Asking Price
$654,000
Estimated Purchase Price
$655,000
Stamp Duty
$24,210
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$65,500
Reg. Mortgage
$164
LMI Premium
$16,866
Renovation Costs
-
Total Cash/Equity Required
$108,936
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,994
$31,826
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$16,913
-$7,081
Depreciation
-
-
Tax Offset
-$5,074
-$2,124
Net Cashflow After Tax
-$11,839
-$4,957
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$656,820
$1,187,374
Loan Balance
I.O
$589,500
$589,500
$67,320
$597,874
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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...
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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
