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$549K
$89,038
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This spectacular home excels in its promising northside location, boasting striking views and a robust construction. The thoughtfully designed, elevated brick house radiates natural light and harnesses breeze with ease. Inside, this gem presents three generously sized, air-conditioned bedrooms. The up-to-date kitchen, brimming with modern appliances and chic finishes, stands ready for culinary endeavors and family gatherings. Practicality abounds with an integral laundry and smartly integrated indoor-outdoor living space, providing a perfect backdrop for entertaining. Secure two-car parking opens storage possibilities. A perfect fit for families and investors alike, it's a prime prospect not to be overlooked.
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70.4%
$573K
4.7%
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-$8,526
5.1%
Asking Price
$549,000
Estimated Purchase Price
$550,000
Stamp Duty
$17,775
Transfer Fee
$1,783
Conveyancing
$1,665
Deposit (10%)
$55,000
Reg. Mortgage
$224
LMI Premium
$12,041
Renovation Costs
-
Total Cash/Equity Required
$89,038
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
Rates
+3.0% PA
$1,777
$2,319
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
$20,490
$29,807
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$12,180
-$2,863
Depreciation
-
-
Tax Offset
-$3,654
-$859
Net Cashflow After Tax
-$8,526
-$2,004
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Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$495,000
$495,000
$92,400
$566,879
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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 - 17.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Accommodation and Food Services - 7.0%
Others - 53.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
