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$485K
$80,401
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This modern 3-bedroom, 1-bathroom brick and tile home offers a serene rural outlook within a few minutes from town conveniences. Nestled in a modern estate on the north fringe of town, it provides privacy with beautiful established gardens and excellent fencing. The home features an open-plan living area with a northeasterly aspect, a spacious modern kitchen, reverse cycle air conditioning, and a solar system. Ideal for first home buyers, those looking to downsize, or investors, it promises rental potential of $480-$520 per week.
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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%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
Average Income
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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.
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
Below are some similar properties in the area you may be interested in.
3.2%
72.6%
$545K
4.4%
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-$9,647
4.4%
Asking Price
$485,000
Estimated Purchase Price
$495,000
Stamp Duty
$17,010
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$49,500
Reg. Mortgage
$164
LMI Premium
$9,882
Renovation Costs
-
Total Cash/Equity Required
$78,752
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,621
$22,772
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$13,782
-$6,631
Depreciation
-
-
Tax Offset
-$4,135
-$1,989
Net Cashflow After Tax
-$9,647
-$4,642
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$445,500
$445,500
$61,800
$471,578
