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$450K
$72,827
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$480,000
Low
$420,000
Confidence
Not Found
Explore this charming 3-bedroom cottage featuring polished floors, spacious rooms, and a lovely open-plan lounge. The rear bedroom offers access to the verandah through a large sliding door, enhancing the connection to the established garden. The kitchen includes a gas cooktop with a convenient servery bench. The functional bathroom and separate toilet cater to daily needs, while a substantial laundry space offers renovation potential. A single lock-up garage and dog-proof fenced yard add security. Currently tenanted, the property is available post-lease.
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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
Manufacturing - 18.0%
Agriculture, Forestry and Fishing - 13.0%
Education and Training - 11.0%
Retail Trade - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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Trusted by over 13,000 property buyers and counting...
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
0%
72.6%
$385K
5.7%
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Try Picki for FREE$30,000
-$22,032
-
Asking Price
$450,000
Estimated Purchase Price
$450,000
Stamp Duty
$14,175
Transfer Fee
$1,362
Conveyancing
$1,665
Deposit (10%)
$45,000
Reg. Mortgage
$224
LMI Premium
$9,851
Renovation Costs
-
Total Cash/Equity Required
$72,828
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,093
$1,426
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
-$4,744
-$6,190
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$31,474
-$32,920
Depreciation
-
-
Tax Offset
-$9,442
-$9,876
Net Cashflow After Tax
-$22,032
-$23,044
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$405,000
$405,000
$107,640
$521,731
