The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$679K
$121,743
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$738,000
Medium
$679,000
Low
$620,000
Confidence
Medium
Nestled within the Northern Lights Estate, this newly available property presents an exceptional opportunity for families. Boasting four spacious bedrooms, with the master suite offering an ensuite and walk-in robe, this home prioritizes comfort and luxury. The heart of the home, a modern kitchen with a butler's pantry and high-quality appliances, connects openly to the family and dining areas, ideal for gatherings. With three living areas, including a formal living room and a media room, space for relaxation is abundant. Modern bathrooms feature elegant vanities and a freestanding bath, while the outdoor alfresco area provides a private retreat. Equipped with ducted air conditioning, a double lock-up garage, and NBN readiness, this home ensures modern convenience. Located close to essential amenities and just six minutes from the CBD, it offers an unbeatable lifestyle in Westdale.
Trusted by over 13k property buyers and counting...
Try Picki for FREEBelow are some similar properties in the area you may be interested in.
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
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
0.9%
56.4%
$545K
4.6%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$50,000
-$13,950
4.1%
Asking Price
$679,000
Estimated Purchase Price
$730,000
Stamp Duty
$27,585
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$73,000
Reg. Mortgage
$164
LMI Premium
$18,798
Renovation Costs
-
Total Cash/Equity Required
$121,743
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,027
$1,340
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
$23,434
$33,875
Interest Repayments
$43,362
$43,362
Net Cashflow Before Tax
-$19,928
-$9,487
Depreciation
-
-
Tax Offset
-$5,978
-$2,846
Net Cashflow After Tax
-$13,950
-$6,641
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$657,000
$657,000
$69,240
$655,869
