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$740K
$139,573
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,090,000
Low
$1,030,000
Confidence
Medium
Welcome to 2 Dradani Court, a newly updated property that offers ample space for families in a serene cul-de-sac. This home boasts three comfortable bedrooms, a large kitchen with electric appliances, and a well-appointed living room with air conditioning. Low-maintenance, tiled floors complement the newly painted interior, ensuring a modern aesthetic. Energy-efficient with 32 solar panels, it reduces energy bills effectively. The property features outdoor living spaces, two versatile sheds ideal for various uses, and secure surroundings with double carport and additional storage. Conveniently located near Elimbah Primary School, the railway station, and shops, this future-proof property promises comfort, versatility, and peace.
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74.8%
$705K
3.8%
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Try Picki for FREE$340,000
-$2,595
6.6%
Asking Price
$699,900
Estimated Purchase Price
$750,000
Stamp Duty
$26,775
Transfer Fee
$2,626
Conveyancing
$1,665
Deposit (10%)
$75,000
Reg. Mortgage
$224
LMI Premium
$21,178
Renovation Costs
-
Total Cash/Equity Required
$128,018
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
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
$40,842
$58,695
Interest Repayments
$44,550
$44,550
Net Cashflow Before Tax
-$3,708
$14,145
Depreciation
-
-
Tax Offset
-$1,112
$4,243
Net Cashflow After Tax
-$2,595
$9,901
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,164,120
$2,104,452
Loan Balance
I.O
$675,000
$675,000
$489,120
$1,429,452
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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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Trusted by over 13,000 property buyers and counting...
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
