Withheld
$2,215
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$640,000
Medium
$580,000
Low
$520,000
Confidence
Low
Explore Glenore Rise at 7 Power Street, Glenore Grove. This prime location offers a lifestyle blend, with a spacious 2023 m² block close to major destinations. Enjoy a modern kitchen, open-plan living, and comfortable features like air conditioning and polished floors. The property is low-maintenance, with a fenced yard, shed, and potential for a pool or larger shed. Near Brisbane, Ipswich, and Toowoomba, it's a convenient choice with town water, bio system septic, and a rainwater tank. The home includes a lock-up carport, entertaining area, and new roof. Ideal for families or students, being near UQ Gatton.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
78.4%
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$35,000
-$12,435
4.0%
Asking Price
-
Estimated Purchase Price
$545,000
Stamp Duty
$17,550
Transfer Fee
$1,783
Conveyancing
$1,665
Deposit (10%)
$54,500
Reg. Mortgage
$224
LMI Premium
$11,931
Renovation Costs
-
Total Cash/Equity Required
$88,204
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$14,609
$21,451
Interest Repayments
$32,373
$32,373
Net Cashflow Before Tax
-$17,764
-$10,922
Depreciation
-
-
Tax Offset
-$5,329
-$3,276
Net Cashflow After Tax
-$12,435
-$7,645
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$490,500
$490,500
$128,940
$629,300
Below are some similar properties in the area you may be interested in.
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
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
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 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