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$800K
$133,695
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Try Picki for FREEConfidence
High
High
$920,000
Medium
$895,000
Low
$870,000
Confidence
Medium
This appealing property offers two residences. The front house provides two bedrooms, a single bathroom, and a private fully fenced yard. It's currently renting at $460 per week with a stable tenant. The rear is a modern, single-level granny flat with two bedrooms, air conditioning, and a pergola-covered outdoor BBQ area, expected to earn $520-$590 weekly. Positioned near Cardiff Station, Glendale Shopping Centre, and schools, this property suits families or investors. It includes a 12-month rental guarantee, offering varied living or renting options. Enquire with the Love Team for further details.
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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...
Try Picki for FREEAverage Population
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
0%
72%
$675K
211.1%
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-$20,386
3.5%
Asking Price
$895,000
Estimated Purchase Price
$895,000
Stamp Duty
$35,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$89,500
Reg. Mortgage
$164
LMI Premium
$23,047
Renovation Costs
-
Total Cash/Equity Required
$149,916
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$24,040
$34,780
Interest Repayments
$53,163
$53,163
Net Cashflow Before Tax
-$29,123
-$18,383
Depreciation
-
-
Tax Offset
-$8,737
-$5,515
Net Cashflow After Tax
-$20,386
-$12,868
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$955,860
$1,727,967
Loan Balance
I.O
$805,500
$805,500
$150,360
$922,467
