$750K
$116,620
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
Explore the charm of 14 McDonald Street, Manilla, a newly renovated home nestled on seven acres. With four stylish bedrooms and a stunning family bathroom, it's a haven ready for living. Enjoy an expansive family area with a split system air conditioner. Modern finishes and neutral tones throughout enhance its livability. Ideal for equestrians or hobby farmers, the fully fenced property includes a large multifunctional machinery shed. Water is plentiful, with a house tank and two bores, only one equipped. A must-see gem minutes from Manilla CBD.
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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 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
0%
89.9%
$650K
4.4%
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Try Picki for FREE$10,000
-$10,417
4.3%
Asking Price
-
Estimated Purchase Price
$540,000
Stamp Duty
$19,035
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$54,000
Reg. Mortgage
$164
LMI Premium
$10,780
Renovation Costs
-
Total Cash/Equity Required
$86,175
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
$1,027
$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
$17,194
$24,995
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$14,882
-$7,081
Depreciation
-
-
Tax Offset
-$4,465
-$2,124
Net Cashflow After Tax
-$10,417
-$4,957
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$486,000
$486,000
$101,400
$575,879