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$579K
$110,273
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover a charming 1960s home poised for revitalization, offering potential as a family residence or investment. Located near vital amenities, the property features a formal entry, a basic kitchen, lounge, three bedrooms, and a fully tiled bathroom. The exterior includes an enclosed multipurpose room, an additional toilet, a laundry, and a detached garage. With a covered front patio, solar panels, ceiling fans, and robust hardwood floors, the house is comfortable and sustainable. Set on a solid midset chamferboard structure with a corrugated iron roof, this home is positioned within a desirable school catchment, providing both convenience and growth potential in Ipswich's competitive market.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
Below are some similar properties in the area you may be interested in.
0%
67.5%
$536K
3.9%
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Try Picki for FREE$40,000
-$11,446
4.4%
Asking Price
-
Estimated Purchase Price
$610,000
Stamp Duty
$20,475
Transfer Fee
$2,036
Conveyancing
$1,665
Deposit (10%)
$61,000
Reg. Mortgage
$224
LMI Premium
$17,225
Renovation Costs
-
Total Cash/Equity Required
$103,175
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
$36,234
$36,234
Net Cashflow Before Tax
-$16,351
-$7,333
Depreciation
-
-
Tax Offset
-$4,905
-$2,200
Net Cashflow After Tax
-$11,446
-$5,133
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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
$549,000
$549,000
$145,200
$705,948
