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.
© 2024 Picki. All rights reserved.
$585K
$109,407
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
$600,000
Medium
$570,000
Low
$540,000
Confidence
Not Found
This property offers a blend of convenience and spaciousness, nestled on approximately 1.49 acres. With dual access, it features a huge shed with an awning and a large carport suitable for up to 20 cars, and even high enough for trucks, boats, or caravan trailers. The 4-bedroom home includes built-in robes, ceiling fans, split system AC in the living area, and bathroom with dual vanity. Its galley-style kitchen is equipped with a dishwasher, brand new electric cooking appliances, and a large fridge space. The outdoor area boasts a deck and an enclosed rumpus studio room, along with ample yard space. The property is supported by town water trickle feed, 3-phase power, and two solar systems. It's enclosed by new fences and conveniently located just 6 minutes from Plainland precinct with easy access to shopping and amenities.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
74.8%
$515K
7.1%
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-$60,000
-$30,080
-
Asking Price
$585,000
Estimated Purchase Price
$630,000
Stamp Duty
$21,375
Transfer Fee
$2,120
Conveyancing
$1,665
Deposit (10%)
$63,000
Reg. Mortgage
$224
LMI Premium
$17,790
Renovation Costs
-
Total Cash/Equity Required
$106,724
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
$37,422
$37,422
Net Cashflow Before Tax
-$42,971
-$44,662
Depreciation
-
-
Tax Offset
-$12,891
-$13,399
Net Cashflow After Tax
-$30,080
-$31,264
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%
$608,760
$1,100,493
Loan Balance
I.O
$567,000
$567,000
$41,760
$533,493
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
Agriculture, Forestry and Fishing - 21.0%
Education and Training - 14.0%
Retail Trade - 9.0%
Health Care and Social Assistance - 8.0%
Others - 48.0%
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
