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$395K
$65,598
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$400,000
Medium
$385,000
Low
$370,000
Confidence
Medium
Discover a colonial Queenslander on a private 762m² battle axe block. This home radiates charm with potential. It boasts an original kitchen beside a dining area, and a separate formal lounge. Three airy bedrooms feature carpet floors. Relax in the air-conditioned living room and step out onto a large rear deck for endless possibilities. Practical features include an internal laundry, separate toilet, and single carport. The property offers tranquility with town water and sewerage connections, and FTTN internet availability. Conveniently located near schools, services, and public transport.
Trusted by over 13k property buyers and counting...
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65%
$366K
5.5%
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Try Picki for FREE-$20,000
-$7,865
4.9%
Asking Price
$395,000
Estimated Purchase Price
$405,000
Stamp Duty
$12,600
Transfer Fee
$1,193
Conveyancing
$1,665
Deposit (10%)
$40,500
Reg. Mortgage
$224
LMI Premium
$8,866
Renovation Costs
-
Total Cash/Equity Required
$65,599
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
$1,766
$2,304
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
$12,821
$18,891
Interest Repayments
$24,057
$24,057
Net Cashflow Before Tax
-$11,236
-$5,166
Depreciation
-
-
Tax Offset
-$3,371
-$1,550
Net Cashflow After Tax
-$7,865
-$3,616
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$411,180
$743,316
Loan Balance
I.O
$364,500
$364,500
$46,680
$378,816
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
Average Income
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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...
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
