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$449K
$72,827
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Try Picki for FREEConfidence
High
High
$450,000
Medium
$430,000
Low
$410,000
Confidence
Medium
This property elegantly balances heritage charm and modern convenience. Located in a high-demand area, it offers three bedrooms, a sunroom, and a spacious living area. Features like high ceilings, French doors, and casement windows add character, while contemporary updates in the kitchen and bathroom make it move-in ready. With a large deck, established trees, security screens, and storage options, it promises comfortable living. Positioned near Gatton CBD, the property presents an exceptional opportunity for first-home buyers and investors, promising long-term value and lifestyle appeal.
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
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
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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
Below are some similar properties in the area you may be interested in.
0%
35%
$410K
5.5%
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-$6,645
5.4%
Asking Price
$430,000
Estimated Purchase Price
$430,000
Stamp Duty
$13,475
Transfer Fee
$1,278
Conveyancing
$1,665
Deposit (10%)
$43,000
Reg. Mortgage
$224
LMI Premium
$9,414
Renovation Costs
-
Total Cash/Equity Required
$69,605
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,898
$2,476
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
$16,049
$23,501
Interest Repayments
$25,542
$25,542
Net Cashflow Before Tax
-$9,493
-$2,041
Depreciation
-
-
Tax Offset
-$2,848
-$612
Net Cashflow After Tax
-$6,645
-$1,429
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$459,240
$830,197
Loan Balance
I.O
$387,000
$387,000
$72,240
$443,197
