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$499K
$80,882
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
Discover your dream home in Frenchville. This charming four-bedroom, two-bathroom residence blends comfort with modern living, ideal for families and professionals. An open-plan living area filled with natural light leads to a functional kitchen, perfect for gatherings. The upstairs deck and the downstairs kitchenette offer versatile living arrangements. Located near Frenchville State School and local cafes, enjoy the convenience and accessibility of this beautiful home at 222 Schmidt Street.
Trusted by over 13k property buyers and counting...
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77.8%
$521K
6.2%
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Try Picki for FREE$50,000
-$5,103
6.0%
Asking Price
$499,000
Estimated Purchase Price
$500,000
Stamp Duty
$15,925
Transfer Fee
$1,572
Conveyancing
$1,665
Deposit (10%)
$50,000
Reg. Mortgage
$224
LMI Premium
$10,946
Renovation Costs
-
Total Cash/Equity Required
$80,883
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
$29,700
$29,700
Net Cashflow Before Tax
-$7,290
$2,839
Depreciation
-
-
Tax Offset
-$2,187
$852
Net Cashflow After Tax
-$5,103
$1,988
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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
$450,000
$450,000
$137,400
$611,879
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...
Try Picki for FREEAverage Population
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
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