$399K
$63,080
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$475,000
Low
$420,000
Confidence
Medium
Welcome to a charming home, perfect for first-time buyers or those looking to invest wisely. This residence features three cozy bedrooms, all with built-in storage, and a sun-drenched living area. The updated kitchen is quaint and full of character, ready for culinary adventures. A single carport offers convenient parking. Experience year-round comfort with a reverse cycle split system. The expansive 682 m2 land invites endless possibilities for outdoor creativity. With land rates at $1,812 per annum, this property presents a wonderful opportunity to create your dream living space.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.6%
54.9%
$438K
5.2%
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Try Picki for FREE$80,000
-$3,937
6.1%
Asking Price
$395,000
Estimated Purchase Price
$395,000
Stamp Duty
$12,510
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$39,500
Reg. Mortgage
$164
LMI Premium
$7,886
Renovation Costs
-
Total Cash/Equity Required
$62,255
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,180
$34,416
Property Management
+7.7% PA
$1,862
$2,650
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
$17,839
$25,922
Interest Repayments
$23,463
$23,463
Net Cashflow Before Tax
-$5,624
$2,459
Depreciation
-
-
Tax Offset
-$1,687
$738
Net Cashflow After Tax
-$3,937
$1,721
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$355,500
$355,500
$151,800
$561,578
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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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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