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$1.6M
$249,306
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,750,000
Medium
$1,650,000
Low
$1,550,000
Confidence
Medium
This charming family home resides on a spacious 690 sqm block in a peaceful cul-de-sac with a north-facing orientation. Built in 1963, it's a unique blend of classic charm and modern comfort, featuring bright interiors and high ceilings. The home offers two living areas, a study, and delightful outdoor spaces including decks and a cabana. It's well-maintained with potential for renovations, making it an excellent choice for entering the market. Conveniently located near public transport and schools, it offers a serene lifestyle with stunning National Park views.
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82.8%
$1.52M
3.4%
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Try Picki for FREE$130,000
-$47,907
1.9%
Asking Price
$1,600,000
Estimated Purchase Price
$1,520,000
Stamp Duty
$66,655
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$152,000
Reg. Mortgage
$164
LMI Premium
$42,952
Renovation Costs
-
Total Cash/Equity Required
$263,967
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
$1,172
$1,529
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
$21,849
$31,637
Interest Repayments
$90,288
$90,288
Net Cashflow Before Tax
-$68,439
-$58,651
Depreciation
-
-
Tax Offset
-$20,532
-$17,595
Net Cashflow After Tax
-$47,907
-$41,056
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,762,200
$3,185,638
Loan Balance
I.O
$1,368,000
$1,368,000
$394,200
$1,817,638
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 - 17.0%
Education and Training - 13.0%
Retail Trade - 12.0%
Construction - 8.0%
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
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
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