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$800K
$151,087
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
Discover a spacious 4-bedroom, 2-bathroom home in Springfield, perfect for families or investors. The lowset design boasts a galley-style kitchen with modern appliances and an open-plan living area leading to a large lounge and covered pergola for seamless indoor-outdoor entertaining. The master bedroom provides privacy with a walk-in robe, ensuite, and air conditioning. Enjoy convenience with a double lockup garage, ceiling fans, and built-in robes in all bedrooms. Brand new carpet and a fully fenced yard add to the appeal, making this a prime property opportunity.
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69%
$760K
231.2%
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Try Picki for FREE$25,000
-$14,770
4.3%
Asking Price
$799,999
Estimated Purchase Price
$795,000
Stamp Duty
$28,800
Transfer Fee
$2,836
Conveyancing
$1,665
Deposit (10%)
$79,500
Reg. Mortgage
$224
LMI Premium
$22,449
Renovation Costs
-
Total Cash/Equity Required
$136,024
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
$47,223
$47,223
Net Cashflow Before Tax
-$21,101
-$9,441
Depreciation
-
-
Tax Offset
-$6,330
-$2,832
Net Cashflow After Tax
-$14,770
-$6,609
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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
$715,500
$715,500
$160,260
$867,666
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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...
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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
