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Withheld
$2,215
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$860,000
Low
$830,000
Confidence
Medium
Discover 30 Scenic Crescent, a charming family home situated on an expansive 815 sqm block in Springfield. Boasting 4 bedrooms, 2 bathrooms, and a light-filled open-plan living space, this home is perfect for families, first-time buyers, or investors. The kitchen, a hub of the home, is equipped with stainless steel appliances and plenty of storage, making meal prep a delight. All four bedrooms feature built-in wardrobes, while the master suite offers a walk-in robe and ensuite. Outside, the spacious backyard provides endless potential for personalization. Enjoy the convenience of nearby schools, parks, and shopping centres, while relishing the tranquility of suburban living.
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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
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
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
0%
69%
$760K
231.2%
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-$17,473
3.9%
Asking Price
-
Estimated Purchase Price
$860,000
Stamp Duty
$31,725
Transfer Fee
$3,089
Conveyancing
$1,665
Deposit (10%)
$86,000
Reg. Mortgage
$224
LMI Premium
$24,284
Renovation Costs
-
Total Cash/Equity Required
$147,538
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,424
$1,858
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
$26,122
$37,782
Interest Repayments
$51,084
$51,084
Net Cashflow Before Tax
-$24,962
-$13,302
Depreciation
-
-
Tax Offset
-$7,488
-$3,991
Net Cashflow After Tax
-$17,473
-$9,311
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$774,000
$774,000
$144,480
$886,393
