Withheld
$2,030
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,050,000
Medium
$1,000,000
Low
$950,000
Confidence
Medium
This 1950s 3-bedroom house, located on a spacious 10,000 square meter block, presents a unique opportunity for homeowners. Situated just 5 kilometers from Medowie, the property offers convenience with proximity to shopping centers, schools, and major airports. While currently lived in, the house could benefit from renovation. Key features include off-peak hot water, town water supply, and a septic system. The property also includes a sizable 2-car garage with a workshop and awnings. With the potential to live in the existing home and build your dream home on this expansive plot, this private sale offers both immediate comfort and long-term possibilities.
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77.1%
$1.35M
2.8%
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Try Picki for FREE-$100,000
-$33,711
2.1%
Asking Price
$1,100,000
Estimated Purchase Price
$1,100,000
Stamp Duty
$44,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$110,000
Reg. Mortgage
$164
LMI Premium
$28,325
Renovation Costs
-
Total Cash/Equity Required
$184,920
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,040
$1,357
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
$17,181
$24,978
Interest Repayments
$65,340
$65,340
Net Cashflow Before Tax
-$48,159
-$40,362
Depreciation
-
-
Tax Offset
-$14,448
-$12,109
Net Cashflow After Tax
-$33,711
-$28,254
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$990,000
$990,000
$78,000
$940,690
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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