$829K
$142,214
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Welcome home to 16 Macrae Street, Coalfalls. Set on an elevated 741m2 flood-free block, this 1926 character home offers a dynamic mix of old and new. The home boasts 3 generous bedrooms, one with AC and all with built-in robes, plus an additional study. Enjoy period charm with intricate glass windows and polished timber floors. Modern conveniences include a sleek bathroom with a lux tub, and a kitchen equipped with 6-burner gas cooking, a dishwasher, and ample storage. The ground level features versatile spaces perfect for a workshop or home office and a private backyard provides an entertaining patio. Located in a peaceful suburb close to top schools, Ipswich CBD, and public transport, this property offers the perfect balance of suburban charm and urban convenience.
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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
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
Average Income
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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.
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
0%
79.3%
$910K
4%
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Try Picki for FREE-$5,000
-$20,593
3.3%
Asking Price
$829,000
Estimated Purchase Price
$830,000
Stamp Duty
$30,375
Transfer Fee
$2,963
Conveyancing
$1,665
Deposit (10%)
$83,000
Reg. Mortgage
$224
LMI Premium
$23,437
Renovation Costs
-
Total Cash/Equity Required
$142,214
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
$1,424
$1,858
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
$19,883
$28,901
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$29,419
-$20,401
Depreciation
-
-
Tax Offset
-$8,826
-$6,120
Net Cashflow After Tax
-$20,593
-$14,281
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$747,000
$747,000
$134,100
$845,819