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$970K
$174,675
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Try Picki for FREEConfidence
High
High
$1,010,000
Medium
$970,000
Low
$930,000
Confidence
Medium
This expansive family home is a nostalgic gem on the edge of Morisset CBD, featuring retro charm with modern convenience. Zoned R3 Medium Density on a 1018m² block, the property includes a vast array of living spaces: three enormous bedrooms, a connected study, a large kitchen, spacious dining and lounge areas, and a third living area. With a 1950s bathroom and additional toilet in the laundry, the property also boasts a large entertainment area outside and extensive storage options. Situated close to essential amenities, it offers easy access to major routes and potential for future development STCA.
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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
Below are some similar properties in the area you may be interested in.
4.5%
56.5%
$757K
3.8%
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Try Picki for FREE-$35,000
-$20,593
3.8%
Asking Price
$970,000
Estimated Purchase Price
$1,005,000
Stamp Duty
$39,960
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$100,500
Reg. Mortgage
$164
LMI Premium
$25,879
Renovation Costs
-
Total Cash/Equity Required
$168,699
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,960
$54,029
Property Management
+7.7% PA
$2,923
$4,160
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
$30,279
$43,661
Interest Repayments
$59,697
$59,697
Net Cashflow Before Tax
-$29,418
-$16,036
Depreciation
-
-
Tax Offset
-$8,825
-$4,811
Net Cashflow After Tax
-$20,593
-$11,225
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,035,960
$1,872,769
Loan Balance
I.O
$904,500
$904,500
$131,460
$968,269
