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$599K
$87,327
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Try Picki for FREEConfidence
High
High
$610,000
Medium
$590,000
Low
$570,000
Confidence
Medium
This spacious 1960s timber home sits in a prime location, just a short walk to schools, shopping, and parkland. Featuring an inviting north-facing deck, it boasts an enormous lounge with a study nook, a modern kitchen equipped with top-line appliances, and well-sized bedrooms. Enjoy outdoor entertaining with a firepit area, while a refreshed bathroom caters to the family. Security screens ensure safety, and the property includes a powered shed with vehicle access. Its appeal lies in its convenience and versatility for living or renting.
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 11.0%
Retail Trade - 10.0%
Manufacturing - 7.0%
Others - 56.0%
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
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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
Below are some similar properties in the area you may be interested in.
0%
65.5%
$576K
4.2%
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-$13,621
3.9%
Asking Price
$599,000
Estimated Purchase Price
$600,000
Stamp Duty
$20,025
Transfer Fee
$1,994
Conveyancing
$1,665
Deposit (10%)
$60,000
Reg. Mortgage
$224
LMI Premium
$16,942
Renovation Costs
-
Total Cash/Equity Required
$101,401
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
$1,766
$2,304
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
$16,181
$23,673
Interest Repayments
$35,640
$35,640
Net Cashflow Before Tax
-$19,459
-$11,967
Depreciation
-
-
Tax Offset
-$5,838
-$3,590
Net Cashflow After Tax
-$13,621
-$8,377
Unlock the power of Picki
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Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$540,000
$540,000
$90,120
$599,107
