$579K
$110,273
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
$640,000
Medium
$615,000
Low
$590,000
Confidence
Medium
Discover the charm of this post-war home, nestled on a large 1,176sqm block. Offering privacy and space, it features 3 bedrooms, 1 bathroom, a large living area with a fireplace, an updated kitchen, and a versatile workshop. The property includes air conditioning, a rear deck, a patio, and ample storage space. With undercover parking for up to 6 cars and a solar power system, it is both functional and eco-friendly. Located near key amenities, it offers a convenient lifestyle, blending tranquility and urban accessibility.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
67.5%
$536K
3.9%
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-$30,000
-$12,901
4.2%
Asking Price
$599,000
Estimated Purchase Price
$645,000
Stamp Duty
$22,050
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$64,500
Reg. Mortgage
$224
LMI Premium
$18,213
Renovation Costs
-
Total Cash/Equity Required
$109,407
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,424
$1,858
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
$19,883
$28,901
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$18,430
-$9,412
Depreciation
-
-
Tax Offset
-$5,529
-$2,824
Net Cashflow After Tax
-$12,901
-$6,588
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%
$656,820
$1,187,374
Loan Balance
I.O
$580,500
$580,500
$76,320
$606,874
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
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
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 FREEAverage Population
projected
for 2024 to 2026
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 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