$679K
$115,597
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Discover a delightful family home just 6 minutes from the bustling Plainland precinct. This charming, lowset brick house features 3 bedrooms, a study that can double as a fourth bedroom, and 2 bathrooms. The heart of the home offers a central kitchen with modern electric appliances and a dishwasher, seamlessly connecting to the dining and lounge areas. Outside, enjoy a spacious concrete patio and gazebo, with a large open backyard complete with a chicken coop and fruit trees. It's ideal for families, new homeowners, and savvy investors. Explore the potential for adding a granny flat or large shed. Seize this opportunity today!
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81.4%
$622K
5.8%
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-$17,040
3.4%
Asking Price
$679,000
Estimated Purchase Price
$680,000
Stamp Duty
$23,625
Transfer Fee
$2,331
Conveyancing
$1,665
Deposit (10%)
$68,000
Reg. Mortgage
$224
LMI Premium
$19,201
Renovation Costs
-
Total Cash/Equity Required
$115,597
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,049
$23,501
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$24,343
-$16,891
Depreciation
-
-
Tax Offset
-$7,303
-$5,067
Net Cashflow After Tax
-$17,040
-$11,824
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$612,000
$612,000
$114,240
$700,869
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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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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