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$1.45M
$226,399
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Welcome to 35 Northcote Avenue, a remarkable dual-living residence in the serene suburb of Swansea Heads. This property features independent living spaces, two new kitchens, and three modern bathrooms, perfect for larger families or rental opportunities. With five spacious bedrooms and multiple living areas, comfort and privacy are assured. Enjoy outdoor entertaining with two alfresco areas and convenient side access. Located near Salts Bay, this home offers coastal living with potential for rental income, making it a savvy investment opportunity.
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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 - 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
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
0%
81.9%
$1.24M
3.2%
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Try Picki for FREE$20,000
-$23,355
4.1%
Asking Price
-
Estimated Purchase Price
$1,330,000
Stamp Duty
$56,205
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$133,000
Reg. Mortgage
$164
LMI Premium
$37,583
Renovation Costs
-
Total Cash/Equity Required
$229,148
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$54,600
$77,713
Property Management
+7.7% PA
$4,204
$5,984
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
$45,638
$65,521
Interest Repayments
$79,002
$79,002
Net Cashflow Before Tax
-$33,364
-$13,481
Depreciation
-
-
Tax Offset
-$10,009
-$4,044
Net Cashflow After Tax
-$23,355
-$9,437
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,197,000
$1,197,000
$244,800
$1,409,431
