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$499K
$75,265
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Discover a tranquil haven at 207 Branyan Drive, Avoca. This charming brick home is perfect for first-time buyers, families, or investors seeking a blend of comfort and practicality. Offering three spacious bedrooms with built-in wardrobes and ceiling fans, a neat bathroom with shower and bath, and a generous air-conditioned living area, it caters to all your needs. The kitchen boasts a gas stove top and oven, ideal for daily cooking. Wheelchair access, a secure front porch, two-car accommodation, a lawn locker, a water tank, and a new tin roof enhance its appeal. Situated on a 708m2 block and close to local amenities, this well-maintained property promises a convenient lifestyle.
Trusted by over 13k property buyers and counting...
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75.1%
$518K
5.8%
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Try Picki for FREE$105,000
-$5,413
6.0%
Asking Price
$499,000
Estimated Purchase Price
$475,000
Stamp Duty
$15,050
Transfer Fee
$1,488
Conveyancing
$1,665
Deposit (10%)
$47,500
Reg. Mortgage
$224
LMI Premium
$10,399
Renovation Costs
-
Total Cash/Equity Required
$76,876
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$2,264
$2,954
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
$20,483
$29,855
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$7,732
$1,640
Depreciation
-
-
Tax Offset
-$2,320
$492
Net Cashflow After Tax
-$5,413
$1,148
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$427,500
$427,500
$191,940
$692,300
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
