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$715K
$103,814
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Try Picki for FREEConfidence
Medium
High
$790,000
Medium
$715,000
Low
$640,000
Confidence
Not Found
1400 Monteray Road offers a serene lifestyle on 5 acres in Loomberah, just 20 minutes from Calala Lane. This freshly painted home features a new flooring, four bedrooms, and an office used as a fifth bedroom. The cozy living room includes a fireplace, and the house is equipped with split systems and fans. The property boasts a formal dining room, an outdoor retreat, a two-car shed with conversion potential, and equestrian facilities. Abundant water supply and secure paddocks enhance this peaceful sanctuary priced to sell at market value.
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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 - 16.0%
Retail Trade - 12.0%
Education and Training - 9.0%
Manufacturing - 8.0%
Others - 55.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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
0%
55%
-
-
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Try Picki for FREE$55,000
-$30,526
-
Asking Price
$715,000
Estimated Purchase Price
$660,000
Stamp Duty
$24,435
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$66,000
Reg. Mortgage
$164
LMI Premium
$16,995
Renovation Costs
-
Total Cash/Equity Required
$109,790
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,404
-$5,746
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$43,608
-$44,950
Depreciation
-
-
Tax Offset
-$13,082
-$13,485
Net Cashflow After Tax
-$30,526
-$31,465
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$763,620
$1,380,443
Loan Balance
I.O
$594,000
$594,000
$169,620
$786,443
