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$799K
$122,695
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$869,837
Low
$840,000
Confidence
Medium
Welcome to 28 Sportsground Street, Redcliffe. This modern 3-bedroom Dixon built home, constructed in 2010, offers a comfortable and convenient lifestyle in the heart of Redcliffe. Freshly painted with new carpets, this brick home sits on a 302 square meter block. The open plan lounge and dining area, complete with air conditioning and ceiling fan, ensure comfort throughout the year. A modern kitchen boasts stone benchtops and quality appliances, ideal for entertaining. The master bedroom features a walk-in wardrobe and ensuite, while the additional bedrooms are equipped with ample storage and ceiling fans. Outdoors, new fencing, two garden sheds, three water tanks, and side access for additional parking add practical benefits. This home also includes a solar hot water system and a single lockup garage with convenient laundry space.
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61.6%
$737K
4.1%
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Try Picki for FREE$150,000
-$11,427
4.7%
Asking Price
$799,000
Estimated Purchase Price
$720,000
Stamp Duty
$25,425
Transfer Fee
$2,499
Conveyancing
$1,665
Deposit (10%)
$72,000
Reg. Mortgage
$224
LMI Premium
$20,331
Renovation Costs
-
Total Cash/Equity Required
$122,695
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$42,768
$42,768
Net Cashflow Before Tax
-$16,325
-$4,567
Depreciation
-
-
Tax Offset
-$4,897
-$1,370
Net Cashflow After Tax
-$11,427
-$3,197
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$648,000
$648,000
$281,160
$1,031,700
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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
