The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$560K
$97,837
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
This fully renovated three-bedroom, one-bathroom home offers modern conveniences on a spacious 800 square metre block. The property features a new kitchen with inbuilt appliances, a new bathroom, flooring, and fresh paint. Air conditioning, ceiling fans, and a secondary toilet enhance comfort. Situated on popular Kemp Street, it's close to schools, public transport, and sports fields, making it an ideal choice for families or first-time buyers. The fully fenced yard boasts a notable mango tree, and the location provides easy access to nearby beaches and city centers for a balanced lifestyle.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.5%
69.7%
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$40,000
-$12,589
4.0%
Asking Price
$570,000
Estimated Purchase Price
$590,000
Stamp Duty
$21,285
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$59,000
Reg. Mortgage
$164
LMI Premium
$15,193
Renovation Costs
-
Total Cash/Equity Required
$97,837
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,061
$24,821
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$17,985
-$10,225
Depreciation
-
-
Tax Offset
-$5,395
-$3,067
Net Cashflow After Tax
-$12,589
-$7,157
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$531,000
$531,000
$56,400
$530,879
Below are some similar properties in the area you may be interested in.
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
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average 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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
