$575K
$96,985
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
This modern 4-bedroom brick home is ideal for first-time buyers or investors. It offers two living areas perfect for families. The main bedroom features a walk-in robe and ensuite with double vanity. The other bedrooms include ceiling fans and built-in robes. The kitchen overlooks the backyard and connects to an air-conditioned living space. Enjoy a covered patio with views of the fenced backyard. Located on a 609m sq block, it's near schools, shops, and amenities.
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50%
$508K
5.4%
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Try Picki for FREE-$5,000
-$10,322
4.7%
Asking Price
$575,000
Estimated Purchase Price
$575,000
Stamp Duty
$18,900
Transfer Fee
$1,910
Conveyancing
$1,665
Deposit (10%)
$57,500
Reg. Mortgage
$224
LMI Premium
$16,237
Renovation Costs
-
Total Cash/Equity Required
$96,985
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
$1,898
$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
$19,409
$28,283
Interest Repayments
$34,155
$34,155
Net Cashflow Before Tax
-$14,746
-$5,872
Depreciation
-
-
Tax Offset
-$4,424
-$1,762
Net Cashflow After Tax
-$10,322
-$4,111
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$517,500
$517,500
$91,260
$582,993
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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