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$779K
$133,342
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$770,000
Low
$740,000
Confidence
Medium
Discover a spacious family home on an 884 sq m corner block in Ooralea. The property offers wide side access, a two-bay shed, and multiple living areas. Ideal for a family, it includes four large bedrooms with built-in wardrobes, an airconditioned main bedroom with en suite, and a well-equipped kitchen and laundry. Enjoy an outdoor entertainment area with breezy, afternoon shade and proximity to shopping, schools, and more. Opportunity to expand with additional structures makes it perfect for an active outdoor lifestyle.
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82.9%
$685K
6.1%
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+
8.0%
Asking Price
$779,000
Estimated Purchase Price
$780,000
Stamp Duty
$28,125
Transfer Fee
$2,752
Conveyancing
$1,665
Deposit (10%)
$78,000
Reg. Mortgage
$224
LMI Premium
$22,025
Renovation Costs
-
Total Cash/Equity Required
$133,342
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$1,676
$2,187
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
$52,268
$75,025
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
$5,936
$28,693
Depreciation
-
-
Tax Offset
$1,781
$8,608
Net Cashflow After Tax
$4,155
$20,085
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Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$702,000
$702,000
$120,360
$784,631
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2021 Population
Suburbs
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 8.0%
Accommodation and Food Services - 7.0%
Others - 62.0%
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
