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Withheld
$108,499
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Located on Henderson Street, Redbank, this exceptional land offers a prime opportunity for building your dream home or making a wise investment. Situated in a friendly neighborhood with easy access to amenities, parks, and transportation, it's ideal for first-time buyers or investors. Families benefit from nearby schools, and the area is known for its community spirit and convenience. Affordable house and land packages are available with flexible design options.
Trusted by over 13k property buyers and counting...
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19.8%
$685K
3.8%
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Try Picki for FREE$10,000
-$17,397
3.1%
Asking Price
-
Estimated Purchase Price
$640,000
Stamp Duty
$21,825
Transfer Fee
$2,162
Conveyancing
$1,665
Deposit (10%)
$64,000
Reg. Mortgage
$224
LMI Premium
$18,072
Renovation Costs
-
Total Cash/Equity Required
$108,499
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
$1,424
$1,858
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
$13,163
$19,337
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$24,853
-$18,679
Depreciation
-
-
Tax Offset
-$7,456
-$5,604
Net Cashflow After Tax
-$17,397
-$13,075
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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
$576,000
$576,000
$118,200
$678,948
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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 - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
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
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
