$1.08M
$167,057
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Try Picki for FREEConfidence
High
High
$1,250,000
Medium
$1,200,000
Low
$1,150,000
Confidence
Medium
This bright and spacious home in Monterey Keys is perfect for families. With a practical layout, it features a master bedroom with ensuite, covered alfresco areas, and ample parking space. Located just 5 minutes from the M1, it's accessible and low-maintenance. Conveniences like shops, schools, and medical facilities are nearby. The property provides a private feel, with only one direct neighbor and gated side access.
Trusted by over 13k property buyers and counting...
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84.9%
$1.13M
4.6%
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Try Picki for FREE$110,000
-$1,764
6.7%
Asking Price
$1,180,000
Estimated Purchase Price
$1,090,000
Stamp Duty
$43,200
Transfer Fee
$4,058
Conveyancing
$1,665
Deposit (10%)
$109,000
Reg. Mortgage
$224
LMI Premium
$30,779
Renovation Costs
-
Total Cash/Equity Required
$189,476
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$72,800
$103,617
Property Management
+7.7% PA
$5,606
$7,979
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
$62,225
$89,155
Interest Repayments
$64,746
$64,746
Net Cashflow Before Tax
-$2,521
$24,409
Depreciation
-
-
Tax Offset
-$756
$7,323
Net Cashflow After Tax
-$1,764
$17,086
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$981,000
$981,000
$300,600
$1,335,828
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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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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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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