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$494K
$74,438
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Welcome to a charming family retreat in Avoca! This comfortable brick home offers three spacious bedrooms with built-in wardrobes and ceiling fans, ideal for any family. Conveniently located near local shopping and transport options, and just a quick drive to major centers and schools. A two-way bathroom with a separate tub adds convenience, while the open-plan living area boasts a 5.2KW air conditioner for year-round comfort. Enjoy the fully fenced backyard from your covered patio, and take advantage of the single garage with additional driveway space, perfect for a caravan. An excellent opportunity for first-time buyers, families, or investors.
Trusted by over 13k property buyers and counting...
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65.3%
$573K
5%
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Try Picki for FREE$110,000
-$6,213
5.8%
Asking Price
$494,000
Estimated Purchase Price
$470,000
Stamp Duty
$14,875
Transfer Fee
$1,446
Conveyancing
$1,665
Deposit (10%)
$47,000
Reg. Mortgage
$224
LMI Premium
$10,289
Renovation Costs
-
Total Cash/Equity Required
$76,050
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$2,264
$2,954
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$19,043
$27,805
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$8,875
-$113
Depreciation
-
-
Tax Offset
-$2,663
-$34
Net Cashflow After Tax
-$6,213
-$79
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$423,000
$423,000
$196,440
$696,800
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
