$950K
$185,677
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,120,000
Low
$1,040,000
Confidence
Medium
"This lowset brick and tile home is conveniently located on a 604m2 block in a family friendly pocket of Rochedale South. Inside, there is a natural ease. Boasting an open floorplan, four bedrooms, two bathrooms, low maintenance flooring and the comfort of split system airconditioning throughout. Outside offers a covered entertaining deck overlooking the backyard area, perfect for overseeing the kids games. With room to park the boat or caravan, there is a space for everything here. Marketing agent Nathan Strudwick said, this home is perfect for a family or avid investor. It is set in a quiet, convenient enclave, a stroll to bus stops and a short drive to Springwood shopping mall and busway. INSIDE Four bedrooms 3 with builtins Master with ensuite WIR Two bathrooms Family kitchen with island bench electric cooktop Open plan livingdining Split system airconditioning Ceiling fans throughout Security screens Laundry OUTSIDE Covered entertaining deck overlooking backyard Single lock up garage Room to park a boat or caravan Garden shed SERVICES Town water sewerage NBN connected Electric security roller shutter to bedroom 3 LOCATION AND INFRASTRUCTURE 604m2 block Walk to Baroona Park Walk to Springwood State School Walk to Underwood Park Walk to IGA Rochedale 5 minutes to Redeemer College 3 minutes to Springwood Mall and busway 10 minutes to John Paul College Easy access to M1 and Gateway 30 minutes to Brisbane airport 25 minutes to Brisbane 40 minutes to Gold Coast Disclaimer We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein."
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Try Picki for FREEThe following statistics based on the 2021 Census data.
0%
85%
$953K
3.7%
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-$25,110
3.5%
2.7%
-12.7%
6.0%
Asking Price
-
Estimated Purchase Price
$1,120,000
Stamp Duty
$44,925
Transfer Fee
$4,185
Conveyancing
$1,665
Deposit (10%)
$112,000
Reg. Mortgage
$224
LMI Premium
$34,706
Renovation Costs
-
Total Cash/Equity Required
$198,254
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,689
$2,204
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
$30,657
$44,267
Interest Repayments
$66,528
$66,528
Net Cashflow Before Tax
-$35,871
-$22,261
Depreciation
-
-
Tax Offset
-$10,761
-$6,678
Net Cashflow After Tax
-$25,110
-$15,582
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,196,160
$2,162,373
Loan Balance
I.O
$1,008,000
$1,008,000
$188,160
$1,154,373
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
Retail Trade - 14.0%
Health Care and Social Assistance - 13.0%
Construction - 11.0%
Education and Training - 10.0%
Others - 52.0%
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
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