$220K
$29,938
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Try Picki for FREEConfidence
Medium
High
$240,000
Medium
$220,000
Low
$200,000
Confidence
Low
Discover this delightful home in Heatherbrae, featuring 2 spacious bedrooms and an open-plan living area. Positioned within Pacific Gardens Village, you'll enjoy convenient access to popular spots such as Newcastle CBD, the Hunter Valley, and Nelson Bay, all within a half-hour drive. This community offers modern amenities like a Community Hall, BBQ area, and seasonal pool, ensuring a comfortable lifestyle in a secure environment. Plus, with no stamp duty, council rates, or entry/exit fees, this is a unique opportunity to make the house your own.
Trusted by over 13k property buyers and counting...
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55%
$245K
8.5%
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Try Picki for FREE$25,000
+
10.1%
Asking Price
$220,000
Estimated Purchase Price
$195,000
Stamp Duty
$5,070
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$19,500
Reg. Mortgage
$164
LMI Premium
$3,009
Renovation Costs
-
Total Cash/Equity Required
$29,939
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
$1,040
$1,357
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
$13,821
$20,196
Interest Repayments
$11,583
$11,583
Net Cashflow Before Tax
$2,238
$8,613
Depreciation
-
-
Tax Offset
$672
$2,584
Net Cashflow After Tax
$1,567
$6,029
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$234,960
$424,752
Loan Balance
I.O
$175,500
$175,500
$59,460
$249,252
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
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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
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