The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$349K
$49,533
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$420,000
Medium
$405,000
Low
$390,000
Confidence
Not applicable
Discover Lot 34 at Park Lake Adare, where serene natural settings meet modern amenities. This spacious block offers an ideal space for building a home within a vibrant, family-friendly neighborhood. Enjoy access to extensive parklands and a stunning central lake. Modern conveniences include full-pressure town water, underground power, and fiber optic NBN readiness. Families will appreciate the community pavilions and playgrounds. This could be your perfect setting to create a forever home.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
-
-
-
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$80,000
-$17,398
-
Asking Price
$349,000
Estimated Purchase Price
$325,000
Stamp Duty
$9,800
Transfer Fee
$856
Conveyancing
$1,665
Deposit (10%)
$32,500
Reg. Mortgage
$224
LMI Premium
$5,499
Renovation Costs
-
Total Cash/Equity Required
$51,095
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,549
-$7,240
Interest Repayments
$19,305
$19,305
Net Cashflow Before Tax
-$24,854
-$26,545
Depreciation
-
-
Tax Offset
-$7,456
-$7,964
Net Cashflow After Tax
-$17,398
-$18,582
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$432,540
$781,929
Loan Balance
I.O
$292,500
$292,500
$140,040
$489,429
Below are some similar properties in the area you may be interested in.
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
Others - 100.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
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.
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
Create a free account to access the tools and information you need to make the best property investment decisions.
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
