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$600K
$101,401
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High
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Medium
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Low
-
Confidence
Explore this inviting 3-bedroom, 2-bathroom home set on a spacious quarter-acre lot. Enjoy the expansive 9m x 7m undercover entertainment area with views of an inviting 11m x 5m inground pool. A 9m x 5m powered shed offers extra space. Nestled among picturesque paperbark trees, the property has no back neighbors. Modern interiors feature air-conditioned spaces, polished hardwood floors, and an updated kitchen with a lovely yard view. Conveniently close to Frenchville’s amenities, including a school, bakery, butchers, and renovated tavern. Additional space and functionality are provided by a downstairs rumpus room and study. Enjoy energy efficiency with a 5kw solar system and 10kw battery storage.
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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
0%
83.7%
$549K
4.7%
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Try Picki for FREE-$20,000
-$10,269
4.8%
Asking Price
$600,000
Estimated Purchase Price
$600,000
Stamp Duty
$20,025
Transfer Fee
$1,994
Conveyancing
$1,665
Deposit (10%)
$60,000
Reg. Mortgage
$224
LMI Premium
$16,942
Renovation Costs
-
Total Cash/Equity Required
$101,401
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,970
$30,490
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$14,670
-$5,150
Depreciation
-
-
Tax Offset
-$4,401
-$1,545
Net Cashflow After Tax
-$10,269
-$3,605
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$540,000
$540,000
$79,440
$579,800
