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$799K
$150,770
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$840,000
Medium
$780,000
Low
$720,000
Confidence
Low
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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
Construction - 15.0%
Public Administration and Safety - 13.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Others - 53.0%
Average Income
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 FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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No data available
No data available
Average Days of Supply
No data available
No data available
No data available
0%
84.7%
-
-
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Try Picki for FREE-$120,000
-$22,103
3.2%
Asking Price
$799,000
Estimated Purchase Price
$900,000
Stamp Duty
$35,235
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$90,000
Reg. Mortgage
$164
LMI Premium
$23,175
Renovation Costs
-
Total Cash/Equity Required
$150,770
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,137
$1,484
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
$21,884
$31,683
Interest Repayments
$53,460
$53,460
Net Cashflow Before Tax
-$31,576
-$21,777
Depreciation
-
-
Tax Offset
-$9,473
-$6,533
Net Cashflow After Tax
-$22,103
-$15,244
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$810,000
$810,000
$23,040
$695,938
