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$1000K
$192,010
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Try Picki for FREEConfidence
High
High
$1,050,000
Medium
$1,000,000
Low
$950,000
Confidence
Medium
13 Binaburra Place blends space and style perfectly, offering a comfortable family living experience. The home features four spacious bedrooms, with the master suite providing a walk-in robe, ensuite, and a private balcony. Enjoy stunning living spaces with breathtaking views from the oversized lounge room. The expansive family room connects seamlessly to a well-appointed kitchen, complete with ample storage, generous bench space, and a butler's pantry. Stay cozy with ducted gas heating and cool in summer with evaporative cooling. Convenient internal access from the double lockup garage and a covered deck enhance outdoor living. Situated on a secure 723m² block with side trailer access, the property offers considerable outdoor space, recently repainted and recarpeted, ready for you to move in.
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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
Construction - 15.0%
Public Administration and Safety - 13.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Others - 53.0%
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
0%
81.2%
$683K
5.1%
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Try Picki for FREE-$125,000
-$24,739
3.5%
Asking Price
$1,000,000
Estimated Purchase Price
$1,125,000
Stamp Duty
$45,360
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$112,500
Reg. Mortgage
$164
LMI Premium
$31,790
Renovation Costs
-
Total Cash/Equity Required
$192,010
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,137
$1,484
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
$31,483
$45,345
Interest Repayments
$66,825
$66,825
Net Cashflow Before Tax
-$35,342
-$21,480
Depreciation
-
-
Tax Offset
-$10,603
-$6,444
Net Cashflow After Tax
-$24,739
-$15,036
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$1,012,500
$1,012,500
$55,500
$918,190
