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$535K
$99,626
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Not Found
Explore this unique three-bedroom home at 203 Post Office Road, Ravensbourne. Offering warmth and privacy, this charming residence boasts a master bedroom with a private balcony and two additional bedrooms with ample storage. The rustic kitchen and cozy lounge room provide a perfect space for relaxation, complemented by a wood heater for cool winters. Enjoy the expansive verandah and rear garden with established fruit trees, all set on a 5005 square meter allotment. A spacious shed, carport, and outbuilding offer great storage and utility potential.
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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
0%
81.4%
$1.62M
1.4%
Unlock Property Investment Scores
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Try Picki for FREE-$40,000
-$28,324
-
Asking Price
$550,000
Estimated Purchase Price
$590,000
Stamp Duty
$19,575
Transfer Fee
$1,952
Conveyancing
$1,665
Deposit (10%)
$59,000
Reg. Mortgage
$224
LMI Premium
$16,660
Renovation Costs
-
Total Cash/Equity Required
$99,626
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,417
-$7,068
Interest Repayments
$35,046
$35,046
Net Cashflow Before Tax
-$40,463
-$42,114
Depreciation
-
-
Tax Offset
-$12,139
-$12,634
Net Cashflow After Tax
-$28,324
-$29,480
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$531,000
$531,000
$56,400
$530,879
