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.
$1.35M
$242,576
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
$1,500,000
Medium
$1,375,000
Low
$1,250,000
Confidence
Medium
Discover 88 Allan Avenue, a modern family home nestled in the captivating Glass House Mountains. This spacious four-bedroom residence features three living areas promoting comfort and connection. Experience modern conveniences with two luxurious bathrooms, a study for remote work, and a chef's kitchen boasting high-quality finishes. Large windows provide breathtaking mountain views, while an outdoor area with a pool offers a private retreat. Practical features include ducted aircon, a 13kW solar system, and a sizable shed, all situated within proximity to local amenities and major cities.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
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
0%
94.9%
$1.14M
3.7%
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-
-$35,571
2.8%
Asking Price
$1,375,000
Estimated Purchase Price
$1,375,000
Stamp Duty
$59,588
Transfer Fee
$5,280
Conveyancing
$1,665
Deposit (10%)
$137,500
Reg. Mortgage
$224
LMI Premium
$42,607
Renovation Costs
-
Total Cash/Equity Required
$247,414
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,487
$1,940
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
$30,859
$44,531
Interest Repayments
$81,675
$81,675
Net Cashflow Before Tax
-$50,816
-$37,144
Depreciation
-
-
Tax Offset
-$15,245
-$11,143
Net Cashflow After Tax
-$35,571
-$26,001
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%
$1,468,500
$2,654,699
Loan Balance
I.O
$1,237,500
$1,237,500
$231,000
$1,417,199
Below are some similar properties in the area you may be interested in.
