$419K
$60,765
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
Macleay Manor offers a unique investment opportunity to purchase at a competitive price before construction begins. This expansive, double-story home encompasses 233.5 m2 with 26 building squares. The layout includes three bedrooms, three bathrooms, and a powder room, complemented by a garage under the house. A wheelchair-accessible ramp leads to a downstairs bedroom, clinic, waiting room, or study, and a disabled bathroom and laundry. The first floor features a spacious foyer and various living areas, while the second floor boasts vaulted ceilings, a huge kitchen, and north-facing views. The home, pre-fabricated and secured on-site in shipping containers, is ready for construction with all permits and warranties in place. Located across from a future council recreation area, it promises a picturesque environment.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
80%
$482K
5.7%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$90,000
-$165
7.9%
Asking Price
$389,000
Estimated Purchase Price
$360,000
Stamp Duty
$11,025
Transfer Fee
$983
Conveyancing
$1,665
Deposit (10%)
$36,000
Reg. Mortgage
$224
LMI Premium
$7,881
Renovation Costs
-
Total Cash/Equity Required
$58,328
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
$1,598
$2,085
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
$21,149
$30,724
Interest Repayments
$21,384
$21,384
Net Cashflow Before Tax
-$235
$9,340
Depreciation
-
-
Tax Offset
-$71
$2,802
Net Cashflow After Tax
-$165
$6,538
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$324,000
$324,000
$156,600
$544,810
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
Average Income
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 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
Below are some similar properties in the area you may be interested in.