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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$540,000
Medium
$480,000
Low
$420,000
Confidence
Medium
This property offers a spacious fan-shaped block with a broad frontage, ideal for a U-shaped turnaround. It includes a 6x9-meter shed and two portable one-bedroom buildings that provide flexible living or storage options. Located just minutes from Brightview Tavern and Plainland shopping, this site is perfect for your future dream home. Note: Temporary structures lack Council approval as dwellings. Auction date is set for December 5, 2024, at 4:30 PM on-site.
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74.8%
$515K
7.1%
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Try Picki for FREE$5,000
-$10,868
4.2%
Asking Price
-
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
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,898
$2,476
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
$12,689
$18,719
Interest Repayments
$28,215
$28,215
Net Cashflow Before Tax
-$15,526
-$9,496
Depreciation
-
-
Tax Offset
-$4,658
-$2,849
Net Cashflow After Tax
-$10,868
-$6,647
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$512,640
$926,731
Loan Balance
I.O
$427,500
$427,500
$85,140
$499,231
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
