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$2.2M
$402,326
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,300,000
Medium
$2,150,000
Low
$2,000,000
Confidence
Medium
This North Epping property showcases a classic design with a blend of weatherboard and brick construction. Positioned at the end of a serene cul-de-sac, it offers stunning views of Lane Cove National Park. The home spans 698 square meters of land and features three bedrooms, a single bathroom, and a one-car garage. A unique double brick room under the house includes a workshop and storage, plus an additional backyard shed. Renovations are incomplete, presenting an opportunity for customization. Hardwood construction and exposed pine floorboards provide a sturdy foundation. The home is close to essential amenities and schools, making it both convenient and appealing for families.
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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
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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
4.4%
83.8%
$2.42M
1.6%
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Try Picki for FREE$110,000
-$47,691
3.1%
Asking Price
$2,000,000
Estimated Purchase Price
$2,040,000
Stamp Duty
$95,255
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$204,000
Reg. Mortgage
$164
LMI Premium
$57,646
Renovation Costs
-
Total Cash/Equity Required
$359,261
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$53,046
$76,041
Interest Repayments
$121,176
$121,176
Net Cashflow Before Tax
-$68,130
-$45,135
Depreciation
-
-
Tax Offset
-$20,439
-$13,541
Net Cashflow After Tax
-$47,691
-$31,595
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,296,200
$4,150,983
Loan Balance
I.O
$1,836,000
$1,836,000
$460,200
$2,314,983
