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$1.1M
$215,597
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Try Picki for FREEConfidence
High
High
$1,200,000
Medium
$1,120,000
Low
$1,050,000
Confidence
Medium
This expansive property in Elimbah offers a perfect mix of comfort and practicality for families. Nestled on a generous 3097m² block, this well-kept brick home boasts a master bedroom with air conditioning and ensuite, a cozy living area with a split-system AC and Saxon fireplace, and a modern kitchen with quality cabinetry and new appliances. The outdoor area is perfect for gatherings, with a substantial shed accessible via a side gravel road, providing ample space for storage or workshop needs. Located close to essential amenities, this property promises peace and convenience.
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Try Picki for FREELocation, 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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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
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0%
91.9%
$1.19M
4.6%
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Try Picki for FREE$15,000
-$31,803
2.5%
Asking Price
-
Estimated Purchase Price
$1,105,000
Stamp Duty
$44,063
Transfer Fee
$4,142
Conveyancing
$1,665
Deposit (10%)
$110,500
Reg. Mortgage
$224
LMI Premium
$31,202
Renovation Costs
-
Total Cash/Equity Required
$192,347
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$20,204
$29,320
Interest Repayments
$65,637
$65,637
Net Cashflow Before Tax
-$45,433
-$36,317
Depreciation
-
-
Tax Offset
-$13,630
-$10,895
Net Cashflow After Tax
-$31,803
-$25,422
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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
$994,500
$994,500
$201,660
$1,167,873
