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$949K
$143,086
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,175,000
Medium
$1,050,000
Low
$925,000
Confidence
Medium
Discover a unique opportunity at Maineys Road, Turners Flat, where two inviting homes blend rustic charm with modern comforts. Perfect for multigenerational living or as a savvy investment, this 0.81Ha property offers stunning rural vistas, multiple living options, and a superb location just 20km from essential amenities. Enjoy an attractive rental income stream of $960 per week, along with features like air conditioning, fireplaces, and a pool, all set amidst tranquil open spaces. Secure this versatile opportunity and indulge in serene country living.
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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%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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
0%
83.9%
$819K
3.5%
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Try Picki for FREE$140,000
-$20,855
3.4%
Asking Price
$985,000
Estimated Purchase Price
$910,000
Stamp Duty
$35,685
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$91,000
Reg. Mortgage
$164
LMI Premium
$23,433
Renovation Costs
-
Total Cash/Equity Required
$152,478
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,160
$1,514
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
$24,261
$35,068
Interest Repayments
$54,054
$54,054
Net Cashflow Before Tax
-$29,793
-$18,986
Depreciation
-
-
Tax Offset
-$8,938
-$5,696
Net Cashflow After Tax
-$20,855
-$13,290
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$819,000
$819,000
$302,400
$1,208,224
