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$1.16M
$186,628
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Try Picki for FREEConfidence
High
High
$1,140,000
Medium
$1,095,000
Low
$1,050,000
Confidence
Medium
Discover a rare opportunity in North Boambee Valley's Lakes Estate with this exquisite 4-bedroom, 3-bathroom home. Positioned at the end of a tranquil street, this residence offers expansive mountain views from its elevated spot. Spread over two light-filled levels, the open-plan living and dining area feature elegant timber flooring and a gourmet kitchen, complete with top-quality appliances and a butler's pantry. Enjoy seamless indoor-outdoor living with a covered alfresco area. The top floor boasts a second living area and three spacious bedrooms, including a master suite with a luxurious ensuite and walk-in robe. A versatile downstairs area provides an additional bedroom and bathroom, ideal for guests, teenagers, or a home office. Close to amenities, schools, and the airport, this 7-year-old property stands on a 1,049.8 sqm lot and is zoned R2. With council rates at approximately $3,431 per year, this home represents a rare find in a tightly-held locale.
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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 - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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
0%
71.9%
$1.09M
3.6%
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Try Picki for FREE-$50,000
-$25,655
3.4%
Asking Price
$1,195,000
Estimated Purchase Price
$1,145,000
Stamp Duty
$46,260
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$114,500
Reg. Mortgage
$164
LMI Premium
$32,355
Renovation Costs
-
Total Cash/Equity Required
$195,475
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
$1,257
$1,640
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
$31,363
$45,189
Interest Repayments
$68,013
$68,013
Net Cashflow Before Tax
-$36,650
-$22,824
Depreciation
-
-
Tax Offset
-$10,995
-$6,847
Net Cashflow After Tax
-$25,655
-$15,977
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,169,460
$2,114,105
Loan Balance
I.O
$1,030,500
$1,030,500
$138,960
$1,083,605
