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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$700,000
Medium
$670,000
Low
$640,000
Confidence
Medium
Nestled in a quiet cul-de-sac, 60 Broadleaf Parade in Redbank offers an expansive 677 sqm block, ideal for families and investors. This 2005-built home features four bedrooms, including a master with ensuite, two bathrooms, and two large living areas. A spacious kitchen, a covered outdoor pergola, and a fully fenced backyard create perfect spaces for family life and entertaining. With current tenants paying $520 per week until March 2025, and a rental appraisal between $575-$595 per week, this property holds great investment potential.
Trusted by over 13k property buyers and counting...
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33.1%
$583K
4.6%
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Try Picki for FREE$10,000
-$13,525
4.1%
Asking Price
-
Estimated Purchase Price
$660,000
Stamp Duty
$22,725
Transfer Fee
$2,247
Conveyancing
$1,665
Deposit (10%)
$66,000
Reg. Mortgage
$224
LMI Premium
$18,637
Renovation Costs
-
Total Cash/Equity Required
$112,048
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
$39,204
$39,204
Net Cashflow Before Tax
-$19,321
-$10,303
Depreciation
-
-
Tax Offset
-$5,796
-$3,091
Net Cashflow After Tax
-$13,525
-$7,212
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$594,000
$594,000
$121,560
$699,562
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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...
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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
