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$635K
$107,632
Unlock Appraised Value
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Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
This property offers a unique opportunity with a Newstart Homes house and land package on registered land ready for immediate construction. Located within walking distance to local shops and town facilities, this 3-bedroom, 2-bathroom house boasts modern comforts. The design includes carpeted bedrooms and hybrid flooring in living areas, with additional features such as blinds, screens, and ceiling fans. It's fully serviced, including sewer, making it a convenient and promising choice for prospective homeowners.
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50%
$508K
5.4%
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Try Picki for FREE-$10,000
-$12,609
4.3%
Asking Price
$628,000
Estimated Purchase Price
$630,000
Stamp Duty
$21,375
Transfer Fee
$2,120
Conveyancing
$1,665
Deposit (10%)
$63,000
Reg. Mortgage
$224
LMI Premium
$17,790
Renovation Costs
-
Total Cash/Equity Required
$106,724
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,409
$28,283
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$18,013
-$9,139
Depreciation
-
-
Tax Offset
-$5,404
-$2,742
Net Cashflow After Tax
-$12,609
-$6,397
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Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$567,000
$567,000
$95,160
$630,028
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
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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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
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