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$695K
$118,279
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
High
Experience modern living with this Newstart Homes house and land package on an impressively spacious 2000 square meter block. Located in a prime spot right opposite the high school and within walking distance to essential amenities, including shops and a hospital. The home boasts cozy carpeting in bedrooms and chic hybrid flooring in living areas. With added conveniences such as blinds, screens, ceiling fans, and reverse cycle AC in both the master bedroom and living area, comfort is guaranteed. A completed driveway is included, ensuring a hassle-free move-in experience.
Trusted by over 13k property buyers and counting...
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69.2%
$510K
4.9%
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Try Picki for FREE-$10,000
-$11,601
4.5%
Asking Price
$629,000
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
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,849
$30,332
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$16,573
-$7,090
Depreciation
-
-
Tax Offset
-$4,972
-$2,127
Net Cashflow After Tax
-$11,601
-$4,963
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$567,000
$567,000
$95,160
$630,028
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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
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Trusted by over 13,000 property buyers and counting...
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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
