$710K
$118,328
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Try Picki for FREEConfidence
High
High
$760,000
Medium
$720,000
Low
$680,000
Confidence
Medium
This cherished family home offers spacious living with separate lounge, dining, and family rooms. It features a well-appointed kitchen and a covered entertaining area perfect for relaxation. The property includes air conditioning for temperature control and ample side access for a van or a boat. A detached fibro shed provides a great space for hobbies, set on a generous 939m2 block ideal for children to enjoy.
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84.5%
$800K
3.7%
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Try Picki for FREE$10,000
-$11,599
4.6%
Asking Price
$710,000
Estimated Purchase Price
$710,000
Stamp Duty
$26,685
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$71,000
Reg. Mortgage
$164
LMI Premium
$18,283
Renovation Costs
-
Total Cash/Equity Required
$118,328
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,760
$46,628
Property Management
+7.7% PA
$2,523
$3,590
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
$25,603
$36,991
Interest Repayments
$42,174
$42,174
Net Cashflow Before Tax
-$16,571
-$5,183
Depreciation
-
-
Tax Offset
-$4,971
-$1,555
Net Cashflow After Tax
-$11,599
-$3,628
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$639,000
$639,000
$129,960
$751,097
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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
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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