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$579K
$81,709
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This single-level brick home in Edmonton is ideal for investors or first-time buyers seeking a tropical lifestyle. It features an updated kitchen, spacious outdoor area, and an inground pool, offering low-maintenance living. Positioned near schools, shopping centers, and parks, it delivers convenience and comfort. The house includes three bedrooms, split system air conditioning, and security screens. Built around 2001, it's currently tenanted until December 2024. Note, photographs are enhanced for marketing and may not fully represent the property's actual condition.
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67.2%
$541K
6.2%
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Try Picki for FREE$115,000
-$4,000
6.3%
Asking Price
$579,000
Estimated Purchase Price
$535,000
Stamp Duty
$17,150
Transfer Fee
$1,741
Conveyancing
$1,665
Deposit (10%)
$53,500
Reg. Mortgage
$224
LMI Premium
$11,712
Renovation Costs
-
Total Cash/Equity Required
$86,543
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
$1,482
$1,934
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
$26,064
$37,706
Interest Repayments
$31,779
$31,779
Net Cashflow Before Tax
-$5,715
$5,927
Depreciation
-
-
Tax Offset
-$1,714
$1,778
Net Cashflow After Tax
-$4,000
$4,149
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$481,500
$481,500
$212,700
$773,448
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
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
