$749K
$114,730
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Not Applicable
This spacious, recently refurbished highset home in the Redcliffe Peninsula caters to large or extended families. With elderly-friendly features like accessible downstairs, large shower, and toilet facilities, it combines practicality with comfort. The modern kitchen connects to a large undercover patio, perfect for entertaining. The upper level houses three built-in bedrooms and a spacious kitchen/dining area. Amenities, schools, and recreational spots lie nearby. The expansive backyard is ideal for children. A great opportunity to create family memories.
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58.5%
$721K
4.1%
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Try Picki for FREE$145,000
-$31,394
-
Asking Price
$749,000
Estimated Purchase Price
$675,000
Stamp Duty
$23,400
Transfer Fee
$2,331
Conveyancing
$1,665
Deposit (10%)
$67,500
Reg. Mortgage
$224
LMI Premium
$19,060
Renovation Costs
-
Total Cash/Equity Required
$114,730
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,103
$1,439
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
-$4,754
-$6,203
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$44,849
-$46,298
Depreciation
-
-
Tax Offset
-$13,455
-$13,889
Net Cashflow After Tax
-$31,394
-$32,409
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$607,500
$607,500
$268,260
$975,666
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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