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$850K
$128,926
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Try Picki for FREEConfidence
High
High
$1,070,000
Medium
$1,000,000
Low
$930,000
Confidence
Medium
This 3-bedroom Ashmore home offers a fantastic renovation opportunity, boasting an elevated position that attracts cool breezes. It features an open plan living and dining area with air conditioning, a functional kitchen, and three bedrooms with ceiling fans, two of which include built-in robes. The layout includes a family bathroom with separate bath and shower, a standalone toilet, and an outdoor covered area connected to the dining room for easy entertainment. Additional highlights include a garden, separate laundry, and single carport with extra off-street parking. Positioned on a 689m2 block, this property sits within key school catchment areas and provides quick access to Gold Coast amenities, making it a strong choice for future growth.
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82.6%
$1.19M
5%
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Try Picki for FREE$160,000
-$6,488
5.9%
Asking Price
$900,000
Estimated Purchase Price
$840,000
Stamp Duty
$30,825
Transfer Fee
$3,005
Conveyancing
$1,665
Deposit (10%)
$84,000
Reg. Mortgage
$224
LMI Premium
$23,719
Renovation Costs
-
Total Cash/Equity Required
$143,989
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$1,318
$1,720
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
$40,627
$58,414
Interest Repayments
$49,896
$49,896
Net Cashflow Before Tax
-$9,269
$8,518
Depreciation
-
-
Tax Offset
-$2,781
$2,555
Net Cashflow After Tax
-$6,488
$5,963
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,068,000
$1,930,690
Loan Balance
I.O
$756,000
$756,000
$312,000
$1,174,690
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
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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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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
