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$579K
$96,130
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$590,000
Medium
$520,000
Low
$450,000
Confidence
Low
Discover a versatile property in the tranquil village of Ladysmith, combining functionality and historical charm. This property offers three cozy bedrooms perfect for a family, along with a separate shop front providing business opportunities or rental income. The house features Fujitsu reverse cycle air conditioning, a Coonara wood fireplace, and a substantial 10m x 7 three-bay garage. It also includes a three-bay storage shed, a chook shed, and a 7.3kW solar panel power system with a 25-year transferable warranty. The property can be reconfigured to suit your needs, ideal for living and working in one location.
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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%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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%
91.4%
$524K
4.7%
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Try Picki for FREE-$65,000
-$14,693
3.4%
Asking Price
$582,500
Estimated Purchase Price
$585,000
Stamp Duty
$21,060
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$58,500
Reg. Mortgage
$164
LMI Premium
$15,064
Renovation Costs
-
Total Cash/Equity Required
$96,984
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,102
$1,438
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
$13,759
$20,115
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$20,990
-$14,634
Depreciation
-
-
Tax Offset
-$6,297
-$4,390
Net Cashflow After Tax
-$14,693
-$10,244
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$526,500
$526,500
$28,860
$477,459
