$2.2M
$422,771
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,350,000
Low
$1,200,000
Confidence
Medium
Discover a modern and spacious retreat nestled on a serene, no-through street. Spread over two acres of flat, usable land, this property offers dual living options with a main residence and a fully self-contained studio. The main home features five bedrooms, two bathrooms, and expansive open-plan living areas highlighted by timber floors and pitched ceilings. A beautifully appointed central kitchen and stylish bathrooms add to its allure. The property also boasts a pool house overlooking a north-facing pool, ideal for year-round entertainment. A significant shed provides ample storage for vehicles and machinery. Located conveniently close to amenities, this home blends tranquility with accessibility.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
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
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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%
76.5%
$1.02M
7.2%
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-$32,852
3.1%
Asking Price
-
Estimated Purchase Price
$1,350,000
Stamp Duty
$58,150
Transfer Fee
$5,154
Conveyancing
$1,665
Deposit (10%)
$135,000
Reg. Mortgage
$224
LMI Premium
$41,833
Renovation Costs
-
Total Cash/Equity Required
$242,576
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,487
$1,940
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
$33,259
$47,947
Interest Repayments
$80,190
$80,190
Net Cashflow Before Tax
-$46,931
-$32,243
Depreciation
-
-
Tax Offset
-$14,079
-$9,673
Net Cashflow After Tax
-$32,852
-$22,570
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Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,215,000
$1,215,000
$226,800
$1,391,431