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$589K
$97,837
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Try Picki for FREEConfidence
Medium
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Low
Discover a spacious family haven at 34 Lyal Street in Gormans Hill, perfect for large families with five comfortable bedrooms and a dedicated study. Enjoy the fully renovated kitchen, abundant in natural light throughout the year, and the tastefully updated main bathroom and laundry. The flat 1040sqm yard offers ample side access, making it ideal for parking cars, caravans, or boats. Extra storage is easily managed with sheds located at both the side and the rear of the property. Experience year-round comfort with split system heating and cooling, alongside gas heating. Timber floorboards add charm and practicality to this inviting home.
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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 - 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...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
21.5%
41%
$637K
4.1%
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Try Picki for FREE-$20,000
-$12,938
3.9%
Asking Price
$599,000
Estimated Purchase Price
$600,000
Stamp Duty
$21,735
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$60,000
Reg. Mortgage
$164
LMI Premium
$15,450
Renovation Costs
-
Total Cash/Equity Required
$99,545
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$17,157
$24,946
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$18,483
-$10,694
Depreciation
-
-
Tax Offset
-$5,545
-$3,208
Net Cashflow After Tax
-$12,938
-$7,485
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$540,000
$540,000
$79,440
$579,800
