$490K
$77,927
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Discover a charming Torrens title home just moments from Bathurst CBD. This property boasts a contemporary kitchen, three well-sized bedrooms with built-ins, and two modern bathrooms. Designed for first-time buyers, investors, and downsizers, it offers a low-maintenance backyard with a paved courtyard. Currently tenanted at $480 per week, it presents a solid investment opportunity. Featuring an open-plan living and dining area, a spacious kitchen with ample storage, ducted gas heating, and a single garage, this home combines convenience and comfort.
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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
Health Care and Social Assistance - 14.0%
Education and Training - 13.0%
Retail Trade - 11.0%
Public Administration and Safety - 9.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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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
20.6%
41.8%
$465K
5%
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Try Picki for FREE-$15,000
-$6,012
5.5%
Asking Price
$490,000
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
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,064
$1,388
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
$20,517
$29,728
Interest Repayments
$29,106
$29,106
Net Cashflow Before Tax
-$8,589
$622
Depreciation
-
-
Tax Offset
-$2,577
$187
Net Cashflow After Tax
-$6,012
$436
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$441,000
$441,000
$66,300
$476,078