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Withheld
$2,215
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Try Picki for FREEConfidence
High
High
$810,000
Medium
$770,000
Low
$730,000
Confidence
Medium
Experience comfortable living in this 4-bedroom, 2-bathroom home located on a vast 651m² block at 3 Chris Street, Redbank. With ceiling fans in every bedroom, a master ensuite, and a modern kitchen featuring stainless steel appliances, this property is designed for easy family living and entertaining. A split system air conditioner enhances the spacious living and dining areas, while a covered patio and expansive backyard offer the perfect setting for outdoor activities. Currently tenanted until October 2025, this home is conveniently located near schools, shopping centers, hospitals, and major transport links.
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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...
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
1.9%
19.8%
$685K
3.8%
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-$16,083
3.9%
Asking Price
-
Estimated Purchase Price
$770,000
Stamp Duty
$27,675
Transfer Fee
$2,710
Conveyancing
$1,665
Deposit (10%)
$77,000
Reg. Mortgage
$224
LMI Premium
$21,743
Renovation Costs
-
Total Cash/Equity Required
$131,567
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,763
$33,000
Interest Repayments
$45,738
$45,738
Net Cashflow Before Tax
-$22,975
-$12,738
Depreciation
-
-
Tax Offset
-$6,893
-$3,821
Net Cashflow After Tax
-$16,083
-$8,917
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$822,360
$1,486,631
Loan Balance
I.O
$693,000
$693,000
$129,360
$793,631
