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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$863,000
Medium
$829,000
Low
$795,000
Confidence
Medium
Discover a modern lifestyle at 10 Magenta Street, featuring a blend of comfort and convenience. Boasting four generous bedrooms with built-in robes, a master suite with ensuite and air conditioning, spacious formal lounge, open-plan living spaces, and a family bathroom with separate bath and shower. Additional features include a functional laundry, double garage with remote access, and ample off-street parking. Positioned close to transport, schools, and North Lakes Shopping Centre, this freshly painted home with new carpets is move-in ready, primed to attract strong rental interest.
Trusted by over 13k property buyers and counting...
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75.4%
$785K
4.1%
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Try Picki for FREE-$5,000
-$16,209
4.0%
Asking Price
$829,000
Estimated Purchase Price
$835,000
Stamp Duty
$30,600
Transfer Fee
$3,005
Conveyancing
$1,665
Deposit (10%)
$83,500
Reg. Mortgage
$224
LMI Premium
$23,578
Renovation Costs
-
Total Cash/Equity Required
$143,122
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
$49,599
$49,599
Net Cashflow Before Tax
-$23,156
-$11,398
Depreciation
-
-
Tax Offset
-$6,947
-$3,419
Net Cashflow After Tax
-$16,209
-$7,979
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$886,440
$1,602,473
Loan Balance
I.O
$751,500
$751,500
$134,940
$850,973
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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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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
