$489K
$79,271
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Try Picki for FREEConfidence
High
High
$590,000
Medium
$520,000
Low
$450,000
Confidence
Medium
Discover the charm of 377 Philp Avenue in Frenchville, a home that balances comfort and convenience. This residence features 3 spacious bedrooms, 2 bathrooms, and a double garage. The open-plan living space includes a kitchen with ample storage and full-length mirrored cupboards. Enjoy the versatile rumpus room and additional bathroom downstairs. Outdoors, the property features a good-sized backyard, a refreshing pool, and a garden shed. Strategically located, it is just minutes away from schools, shopping complexes, and medical centers.
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75.5%
$565K
4.7%
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Try Picki for FREE$30,000
-$5,695
5.8%
Asking Price
$489,000
Estimated Purchase Price
$490,000
Stamp Duty
$15,575
Transfer Fee
$1,530
Conveyancing
$1,665
Deposit (10%)
$49,000
Reg. Mortgage
$224
LMI Premium
$10,727
Renovation Costs
-
Total Cash/Equity Required
$79,272
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
$29,106
$29,106
Net Cashflow Before Tax
-$8,136
$1,384
Depreciation
-
-
Tax Offset
-$2,441
$415
Net Cashflow After Tax
-$5,695
$969
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$441,000
$441,000
$114,360
$562,959
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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