$719K
$109,407
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$840,226
Low
$790,000
Confidence
Medium
This lowset 3-bedroom residence on a 405sqm block is steps away from the waterfront and bustling amenities of the Redcliffe Peninsula. The home is impeccably maintained with a contemporary open-plan kitchen, dining, and living area. It features an air-conditioned master bedroom, a newly renovated bathroom with a separate toilet, and a dedicated laundry. The fully fenced backyard is perfect for kids, pets, and gatherings. Enhance your lifestyle with a double carport, energy-efficient solar panels, and ample storage from two large garden sheds. Don't miss this blend of comfort, practicality, and prime location.
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61.6%
$737K
4.1%
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Try Picki for FREE$195,000
+
21.3%
Asking Price
$719,000
Estimated Purchase Price
$645,000
Stamp Duty
$22,050
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$64,500
Reg. Mortgage
$224
LMI Premium
$18,213
Renovation Costs
-
Total Cash/Equity Required
$109,407
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$137,280
$195,392
Property Management
+7.7% PA
$10,571
$15,045
Rates
+3.0% PA
$1,103
$1,439
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
$121,955
$174,144
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
$83,642
$135,831
Depreciation
-
-
Tax Offset
$25,093
$40,749
Net Cashflow After Tax
$58,550
$95,082
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$897,120
$1,621,780
Loan Balance
I.O
$580,500
$580,500
$316,620
$1,041,280
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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