$899K
$150,220
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Try Picki for FREEConfidence
High
High
$830,000
Medium
$785,000
Low
$740,000
Confidence
Medium
Discover a charming blend of classic Queenslander style and modern comforts in this inviting property, available for the first time in 31 years. Situated on a generous 6131sqm block, this home features nine-foot ceilings, polished hardwood floors, and traditional VJ walls. The updated kitchen offers timber cabinetry, an electric cooktop, and dishwasher. With three bedrooms, including a master with a walk-in robe, a family room with a wood-fired heater, and two expansive decks overlooking a sloping backyard and creek, you'll enjoy tranquility and comfort. Eco-friendly features like a 3.5kW solar system and 10,000-litre rainwater tank enhance sustainability. A separate powered building allows for creative uses, and the property's prime location offers peaceful living with easy access to local amenities.
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93.6%
$1.17M
3.8%
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-$16,751
3.8%
Asking Price
-
Estimated Purchase Price
$785,000
Stamp Duty
$28,350
Transfer Fee
$2,794
Conveyancing
$1,665
Deposit (10%)
$78,500
Reg. Mortgage
$224
LMI Premium
$22,166
Renovation Costs
-
Total Cash/Equity Required
$134,250
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,487
$1,940
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
$22,700
$32,918
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$23,929
-$13,711
Depreciation
-
-
Tax Offset
-$7,179
-$4,113
Net Cashflow After Tax
-$16,751
-$9,598
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$706,500
$706,500
$131,880
$809,092
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
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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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