$595K
$100,534
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This 4-bedroom home offers a comfortable lifestyle with a modern ensuite off the main bedroom, a main bathroom and separate toilet, and a lock-up garage for two cars. Enjoy air conditioning in the lounge and privacy with a fully fenced yard. Currently rented at $480 per week until mid-2025, with a forecasted increase to $580 per week, this property provides excellent rental potential. Conveniently located just minutes from Plainland shops and the Warrego Highway, it's a mere 35 minutes from Ipswich, 40 minutes to Toowoomba, and less than an hour to Brisbane City. Nearby amenities include major retailers, dining options, and a hospital with a helipad. The property is within an easy drive to multiple educational institutions.
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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...
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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
0%
26.9%
$492K
5.8%
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Try Picki for FREE$10,000
-$12,017
4.5%
Asking Price
$640,000
Estimated Purchase Price
$640,000
Stamp Duty
$21,825
Transfer Fee
$2,162
Conveyancing
$1,665
Deposit (10%)
$64,000
Reg. Mortgage
$224
LMI Premium
$18,072
Renovation Costs
-
Total Cash/Equity Required
$108,499
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,849
$30,332
Interest Repayments
$38,016
$38,016
Net Cashflow Before Tax
-$17,167
-$7,684
Depreciation
-
-
Tax Offset
-$5,150
-$2,305
Net Cashflow After Tax
-$12,017
-$5,379
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$576,000
$576,000
$118,200
$678,948