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$600K
$87,327
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
Discover a unique opportunity in Edmonton with this solid block home on just over half an acre. Tailored for tradies, small business owners, or those needing space, the 2245m2 fully fenced block ensures privacy and vast potential. Featuring four bedrooms, two living areas, and an office, the home also includes a bathroom with a separate toilet, double carport, and electric sliding gate. The 13.2kw solar system ensures energy efficiency. A new 9x12m 3-bay shed and a 5x6m shed offer abundant workspace and storage. Enhance your lifestyle or business with this customizable property, perfect for privacy and expansive possibilities.
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78.9%
$494K
6.1%
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Try Picki for FREE$50,000
-$5,456
5.9%
Asking Price
$600,000
Estimated Purchase Price
$570,000
Stamp Duty
$18,675
Transfer Fee
$1,867
Conveyancing
$1,665
Deposit (10%)
$57,000
Reg. Mortgage
$224
LMI Premium
$16,095
Renovation Costs
-
Total Cash/Equity Required
$96,077
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
$1,482
$1,934
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
$26,064
$37,706
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$7,794
$3,848
Depreciation
-
-
Tax Offset
-$2,338
$1,154
Net Cashflow After Tax
-$5,456
$2,694
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$513,000
$513,000
$149,160
$684,028
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
