The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$2,030
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$1,650,000
Medium
$1,550,000
Low
$1,450,000
Confidence
Medium
This spacious two-storey family home in the desirable suburb of Loftus offers a versatile living arrangement ideal for families, downsizers, developers, and investors. Set on a level 734m2 block, the property includes a main house with three bedrooms and an open-plan kitchen, living, and dining area. Additionally, a self-contained one-bedroom granny flat provides income potential with a current rent of $400 per week. The property boasts a massive garage accommodating four cars, a carport, and a flat, low-maintenance backyard. Enjoy stunning city views and the convenience of being within walking distance to Loftus train station and local schools.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
90.2%
$1.48M
2.9%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$60,000
-$26,558
4.0%
Asking Price
-
Estimated Purchase Price
$1,490,000
Stamp Duty
$65,005
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$149,000
Reg. Mortgage
$164
LMI Premium
$42,104
Renovation Costs
-
Total Cash/Equity Required
$258,469
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$59,800
$85,114
Property Management
+7.7% PA
$4,605
$6,554
Rates
+3.0% PA
$1,253
$1,635
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
$50,565
$72,519
Interest Repayments
$88,506
$88,506
Net Cashflow Before Tax
-$37,941
-$15,987
Depreciation
-
-
Tax Offset
-$11,382
-$4,796
Net Cashflow After Tax
-$26,558
-$11,191
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,655,400
$2,992,569
Loan Balance
I.O
$1,341,000
$1,341,000
$314,400
$1,651,569
Below are some similar properties in the area you may be interested in.
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
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 9.0%
Construction - 9.0%
Others - 52.0%
Average Income
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 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
