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$598K
$99,545
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Try Picki for FREEConfidence
High
High
$630,000
Medium
$598,000
Low
$570,000
Confidence
Medium
This attractive 3-bedroom villa, located at the rear of the block, boasts views over a council reserve. Ideal for first-time buyers, downsizers, or investors, it offers a low-maintenance lifestyle with a spacious internal layout. Recently updated, the villa features new paint, light fittings, window furnishings, and flooring, making it ready for immediate occupancy. The home has built-in wardrobes in all bedrooms, a large master bedroom with room for a king-sized bed, and a generous living area connected to the kitchen and dining space. The fully fenced rear yard is sunny and spacious, ideal for gardening or future enhancements. With only two villas in the strata block and proximity to key amenities, this property combines convenience with privacy.
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63.5%
$553K
5.2%
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-$8,705
5.0%
Asking Price
$598,000
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
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$23,204
$33,575
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$12,436
-$2,065
Depreciation
-
-
Tax Offset
-$3,731
-$619
Net Cashflow After Tax
-$8,705
-$1,445
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$640,800
$1,158,414
Loan Balance
I.O
$540,000
$540,000
$100,800
$618,414
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...
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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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