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$570K
$106,375
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$610,000
Low
$580,000
Confidence
Medium
This property offers a blend of comfort and practicality, making it ideal for first-time buyers, downsizers, or investors. It includes a spacious open-plan lounge and dining area, three bedrooms, one with an ensuite. The two garages and workshop add extra utility, while the low-maintenance yard simplifies upkeep. Proximity to Fassifern Station and nearby schools adds convenience. Plus, with a lease in place until June 2025, it provides rental income potential, supported by a 12-month rental guarantee. Seize this opportunity before it's gone.
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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 - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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Trusted by over 13,000 property buyers and counting...
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
Below are some similar properties in the area you may be interested in.
0%
79.3%
$538K
5.9%
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-$9,783
4.9%
Asking Price
$610,000
Estimated Purchase Price
$640,000
Stamp Duty
$23,535
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$64,000
Reg. Mortgage
$164
LMI Premium
$16,480
Renovation Costs
-
Total Cash/Equity Required
$106,375
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,381
$1,802
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
$24,040
$34,780
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$13,976
-$3,236
Depreciation
-
-
Tax Offset
-$4,193
-$971
Net Cashflow After Tax
-$9,783
-$2,265
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$576,000
$576,000
$75,480
$601,721
