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$1.25M
$226,217
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Discover 1 Wells Road, Summerholm, a luxurious Stroud Homes creation on 5.6 acres, blending modern aesthetics with country tranquility. Completed in 2021, this 300sqm home is designed for comfort and seamless indoor-outdoor living. It features four bedrooms, a master suite, media room, and a stunning kitchen with Caesar stone benchtops. Outdoors, find paddocks and a dairy, plus potential for landscaping. Enjoy water security with 44,000L storage. Ideally located with access to local amenities, this home offers both privacy and convenience.
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87.9%
$950K
3.8%
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Try Picki for FREE-$60,000
-$36,117
2.5%
Asking Price
$1,250,000
Estimated Purchase Price
$1,260,000
Stamp Duty
$52,975
Transfer Fee
$4,774
Conveyancing
$1,665
Deposit (10%)
$126,000
Reg. Mortgage
$224
LMI Premium
$39,044
Renovation Costs
-
Total Cash/Equity Required
$225,232
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,249
$33,748
Interest Repayments
$74,844
$74,844
Net Cashflow Before Tax
-$51,595
-$41,096
Depreciation
-
-
Tax Offset
-$15,479
-$12,329
Net Cashflow After Tax
-$36,117
-$28,767
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,134,000
$1,134,000
$147,600
$1,182,828
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...
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
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