$649K
$110,273
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover your perfect family home in the highly desirable Frenchville area! Meticulously maintained by its only owner, this classic brick home exudes character and warmth. With thoughtful updates in key areas, it boasts three large, air-conditioned bedrooms with built-in wardrobes, a modern and functional kitchen, and multiple living spaces, including a spacious dining and family room. Enjoy the convenience of a renovated bathroom, office space, ample storage, and security features. Outdoors, the property offers a delightful covered entertaining area, lush low-maintenance gardens, and a double automatic garage on an 828m2 fenced block with side access. Perfectly positioned near quality schools, shops, and recreational facilities, this property is just 15 minutes from the city center. Don't miss viewing this captivating home on December 14th!
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83.7%
$549K
4.7%
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-$13,356
4.2%
Asking Price
$649,000
Estimated Purchase Price
$650,000
Stamp Duty
$22,275
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$65,000
Reg. Mortgage
$224
LMI Premium
$18,354
Renovation Costs
-
Total Cash/Equity Required
$110,273
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
$1,777
$2,319
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
$19,530
$28,441
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$19,080
-$10,169
Depreciation
-
-
Tax Offset
-$5,724
-$3,051
Net Cashflow After Tax
-$13,356
-$7,119
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$585,000
$585,000
$109,200
$669,948
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Accommodation and Food Services - 7.0%
Others - 53.0%
Average Income
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projected
for 2024 to 2026
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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