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$539K
$87,327
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$570,000
Low
$520,000
Confidence
Medium
Discover 361 Philp Avenue in Frenchville, a charming lowset brick home perfect for families or investors. With four spacious bedrooms, its open-plan living area and modern kitchen are ideal for entertaining. Enjoy the luxury of a stylish bathroom and the convenience of an internal laundry. The fully fenced backyard with side access offers ample space for outdoor activities. Air conditioning throughout ensures comfort year-round. Located near shopping centers and schools, this home is a gem not to be missed.
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70.4%
$573K
4.7%
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Try Picki for FREE$30,000
-$6,766
5.6%
Asking Price
$539,000
Estimated Purchase Price
$540,000
Stamp Duty
$17,325
Transfer Fee
$1,741
Conveyancing
$1,665
Deposit (10%)
$54,000
Reg. Mortgage
$224
LMI Premium
$11,822
Renovation Costs
-
Total Cash/Equity Required
$87,327
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
$1,777
$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
$22,410
$32,539
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$9,666
$463
Depreciation
-
-
Tax Offset
-$2,900
$139
Net Cashflow After Tax
-$6,766
$324
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$486,000
$486,000
$122,760
$614,493
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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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
