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$489K
$86,175
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Low
Built in 2021, this property in Upper Taylors Arm offers dual occupancy living on a 778m2 block. Featuring two one-bedroom residences with storage, bathrooms, open-plan living, and kitchenette, it suits modern comfort. A secure two-car garage and generous awning facilitate storage and entertainment. Energy-efficient solar and cooling systems enhance the appeal. With council approval for dual occupancy, it's ideal for rental income or extended-family living. A nearby swimming hole adds to its allure.
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
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
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%
84.8%
$355K
7.3%
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Try Picki for FREE-$75,000
-$12,159
3.8%
Asking Price
$489,000
Estimated Purchase Price
$525,000
Stamp Duty
$18,360
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$52,500
Reg. Mortgage
$164
LMI Premium
$10,481
Renovation Costs
-
Total Cash/Equity Required
$83,701
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
$1,046
$1,365
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
$13,815
$20,188
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$17,370
-$10,997
Depreciation
-
-
Tax Offset
-$5,211
-$3,299
Net Cashflow After Tax
-$12,159
-$7,698
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$472,500
$472,500
$8,100
$396,310
