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$849K
$142,233
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$820,000
Low
$750,000
Confidence
Medium
Discover tranquility in Fennell Bay with this solid brick, low-maintenance home. Nestled in a private battleaxe block, it's ideal for investors or families seeking an easy-care lifestyle. The home features three bedrooms with built-in robes, including a master suite with ensuite and walk-in robe. An open-plan living and kitchen area flows into an alfresco space, with a separate lounge for relaxation. Tiled and timber floors add a clean aesthetic. A double garage with workshop area provides ample parking. Close to schools, shops, and cafes, this property offers a serene lifestyle with city conveniences.
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89.4%
$695K
5.4%
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Try Picki for FREE-$30,000
-$22,547
2.9%
Asking Price
$849,000
Estimated Purchase Price
$850,000
Stamp Duty
$32,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$85,000
Reg. Mortgage
$164
LMI Premium
$21,888
Renovation Costs
-
Total Cash/Equity Required
$142,233
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,381
$1,802
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
$18,280
$26,582
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$32,210
-$23,908
Depreciation
-
-
Tax Offset
-$9,663
-$7,172
Net Cashflow After Tax
-$22,547
-$16,735
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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
$765,000
$765,000
$110,760
$818,166
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
