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$590K
$112,956
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Try Picki for FREEConfidence
High
High
$570,000
Medium
$545,000
Low
$520,000
Confidence
Medium
Explore this modern family brick home perfect for those seeking open plan living. The heart of the home boasts a sleek galley-style kitchen, featuring a dishwasher, electric cooktop, oven, and ample storage. With four bedrooms, including a master suite with an ensuite and walk-in robe, comfort is guaranteed. The spacious living area extends to an outdoor entertainment zone, ideal for gatherings. Notable features include reverse cycle air conditioning, a double garage, and a rainwater tank. Currently tenanted and yielding $470 weekly rent, this property presents a great investment opportunity.
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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...
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.
2.9%
42.9%
$498K
5.2%
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Try Picki for FREE-$40,000
-$11,410
4.4%
Asking Price
$545,000
Estimated Purchase Price
$585,000
Stamp Duty
$19,350
Transfer Fee
$1,952
Conveyancing
$1,665
Deposit (10%)
$58,500
Reg. Mortgage
$224
LMI Premium
$16,519
Renovation Costs
-
Total Cash/Equity Required
$98,760
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$18,449
$26,916
Interest Repayments
$34,749
$34,749
Net Cashflow Before Tax
-$16,300
-$7,833
Depreciation
-
-
Tax Offset
-$4,890
-$2,350
Net Cashflow After Tax
-$11,410
-$5,483
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$526,500
$526,500
$55,560
$525,726
