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$1.58M
$309,781
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,700,000
Low
$1,600,000
Confidence
Medium
This stylish, low-maintenance home, located in a prestigious suburb, offers privacy and charm. It's positioned in a quiet community of three Torrens Title homes. With its single-story, full-brick design, the home is filled with natural light, featuring contemporary details like timber flooring and plantation shutters. Ideal for families, downsizers, or investors, it boasts zoning for top schools and proximity to city transport. The flexible layout includes a designer kitchen, spacious living areas, and a sunny deck. Additional amenities include a garage, storage, and recent updates.
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Try Picki for FREELocation, 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%
Education and Training - 13.0%
Retail Trade - 12.0%
Construction - 8.0%
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 2024 to 2026
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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
Below are some similar properties in the area you may be interested in.
0%
85.3%
$2.32M
2.6%
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Try Picki for FREE-$130,000
-$45,679
2.8%
Asking Price
$1,700,000
Estimated Purchase Price
$1,830,000
Stamp Duty
$83,705
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$183,000
Reg. Mortgage
$164
LMI Premium
$51,712
Renovation Costs
-
Total Cash/Equity Required
$320,777
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52,000
$74,012
Property Management
+7.7% PA
$4,004
$5,699
Rates
+3.0% PA
$1,172
$1,529
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
$43,447
$62,378
Interest Repayments
$108,702
$108,702
Net Cashflow Before Tax
-$65,255
-$46,324
Depreciation
-
-
Tax Offset
-$19,577
-$13,897
Net Cashflow After Tax
-$45,679
-$32,427
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,815,600
$3,282,173
Loan Balance
I.O
$1,647,000
$1,647,000
$168,600
$1,635,173
