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$1.48M
$238,721
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
The Somerset is a luxury family home designed for ultimate entertaining, featuring a large kitchen, butlers pantry, and massive alfresco area. It boasts a private master suite with an ensuite and walk-in robe, and a designated kids wing with bedrooms and study nook. An office complements the functional layout. Optimal for north-facing sites, it combines style with sustainable living.
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0%
82.4%
$900K
3.9%
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Try Picki for FREE$15,000
-$21,950
2.9%
Asking Price
$849,000
Estimated Purchase Price
$805,000
Stamp Duty
$29,250
Transfer Fee
$2,879
Conveyancing
$1,665
Deposit (10%)
$80,500
Reg. Mortgage
$224
LMI Premium
$22,731
Renovation Costs
-
Total Cash/Equity Required
$137,799
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,460
$24,037
Interest Repayments
$47,817
$47,817
Net Cashflow Before Tax
-$31,357
-$23,780
Depreciation
-
-
Tax Offset
-$9,407
-$7,134
Net Cashflow After Tax
-$21,950
-$16,646
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$724,500
$724,500
$151,260
$858,666
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
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
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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
