$300K
$53,292
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Try Picki for FREEConfidence
Medium
High
$330,000
Medium
$300,000
Low
$270,000
Confidence
Low
Discover a charming 2-bedroom home in Banksia Grove Village, Williamtown—an ideal lifestyle community for the over 50s. Conveniently positioned near the pool and community hall, this residence features a modern kitchen with ample storage, air conditioning in the lounge and bedrooms, and built-in robes. Enjoy the comfort of carpeted areas and a safety-conscious bathroom. A cozy verandah offers a retreat under the afternoon sun. Banksia Grove Village promises secure, independent living with excellent facilities and social opportunities, though it is not pet-friendly.
Trusted by over 13k property buyers and counting...
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81.8%
$295K
12.3%
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Try Picki for FREE-$25,000
-$16,605
-
Asking Price
$300,000
Estimated Purchase Price
$325,000
Stamp Duty
$9,620
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$32,500
Reg. Mortgage
$164
LMI Premium
$5,015
Renovation Costs
-
Total Cash/Equity Required
$49,495
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,040
$1,357
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
-$4,417
-$5,763
Interest Repayments
$19,305
$19,305
Net Cashflow Before Tax
-$23,722
-$25,068
Depreciation
-
-
Tax Offset
-$7,117
-$7,520
Net Cashflow After Tax
-$16,605
-$17,548
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$320,400
$579,207
Loan Balance
I.O
$292,500
$292,500
$27,900
$286,707
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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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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