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$390K
$61,430
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Confidence
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This property offers a 773.5 square meter plot in a prestigious estate, designed for building a bespoke home. With a 21-meter frontage facing northwest, it ensures ample natural light. The lot's sloped terrain allows for a multi-level home with substantial street appeal. Conveniently located within walking distance to a Woolworths, a medical center, and recreational spots like a boat ramp and walking trail, it's perfect for a modern lifestyle.
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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 - 18.0%
Retail Trade - 12.0%
Accommodation and Food Services - 10.0%
Education and Training - 10.0%
Others - 50.0%
Average Income
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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
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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
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0%
81.6%
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-
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-$21,065
-
Asking Price
$430,000
Estimated Purchase Price
$430,000
Stamp Duty
$14,085
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$43,000
Reg. Mortgage
$164
LMI Premium
$8,584
Renovation Costs
-
Total Cash/Equity Required
$68,029
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,174
$1,532
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
-$4,551
-$5,938
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$30,093
-$31,480
Depreciation
-
-
Tax Offset
-$9,028
-$9,444
Net Cashflow After Tax
-$21,065
-$22,036
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$437,880
$791,583
Loan Balance
I.O
$387,000
$387,000
$50,880
$404,583
