$460K
$63,905
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Medium
Discover a charming family haven in Gumly Gumly with this expansive property. Set on a generous 1169m² block, the home is perfect for family living and entertaining. It features three spacious bedrooms, a formal lounge, large dining area, and a well-equipped kitchen with ample storage. Enjoy the extensive outdoor space, including a big carport leading to an alfresco area, ideal for gatherings. Additional functional amenities include a detached workshop and a sizable open shed for extra storage.
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84.3%
$470K
4.8%
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Try Picki for FREE$30,000
-$10,743
4.0%
Asking Price
$530,000
Estimated Purchase Price
$490,000
Stamp Duty
$16,785
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,000
Reg. Mortgage
$164
LMI Premium
$9,782
Renovation Costs
-
Total Cash/Equity Required
$77,927
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,102
$1,438
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
$13,759
$20,115
Interest Repayments
$29,106
$29,106
Net Cashflow Before Tax
-$15,347
-$8,991
Depreciation
-
-
Tax Offset
-$4,604
-$2,697
Net Cashflow After Tax
-$10,743
-$6,294
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$441,000
$441,000
$114,360
$562,959
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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