$549K
$89,038
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$549,000
Low
$520,000
Confidence
Medium
Discover a charming highset home on a spacious 640sqm block designed for family living. This residence features polished timber floors in an open-plan living area and three air-conditioned bedrooms, ensuring comfort year-round. Additional utility rooms downstairs offer versatility for extra bedrooms or a home office. The backyard, complete with a patio and cubby house, is ideal for entertaining and kids' play. With a new roof and a two-bay carport, this home is conveniently located near schools, parks, and public transport, making it a great choice for families or investors.
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68.6%
$505K
5.4%
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-$10,542
4.5%
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
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$17,610
$25,708
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$15,060
-$6,962
Depreciation
-
-
Tax Offset
-$4,518
-$2,089
Net Cashflow After Tax
-$10,542
-$4,873
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Try Picki for FREEAssumptions
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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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