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$599K
$99,545
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$610,000
Medium
$590,000
Low
$570,000
Confidence
Medium
Discover a charming villa poised to captivate with its fresh renovations. It's part of a two-unit, self-managed complex, ideally designed to embrace cooling breezes. This home boasts a large, light-filled air-conditioned living area, two bedrooms with built-ins, and a spacious kitchen brimming with modern stainless steel appliances. The kitchen has the potential for an upgrade into a butlers' laundry, given its generous space. The villa's outdoor area features a covered section and a substantial, level backyard—perfect for a garden or play area. Furthermore, its elevated position offers a serene environment, making it a cozy and practical sanctuary.
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75.6%
$818K
4.6%
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Try Picki for FREE-$10,000
-$14,081
3.6%
Asking Price
$599,000
Estimated Purchase Price
$600,000
Stamp Duty
$21,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$60,000
Reg. Mortgage
$164
LMI Premium
$15,450
Renovation Costs
-
Total Cash/Equity Required
$99,545
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,257
$1,640
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
$15,524
$22,645
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$20,116
-$12,995
Depreciation
-
-
Tax Offset
-$6,035
-$3,898
Net Cashflow After Tax
-$14,081
-$9,096
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$540,000
$540,000
$90,120
$599,107
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 - 13.0%
Accommodation and Food Services - 10.0%
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 2025 to 2027
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
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