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Withheld
$188,548
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,100,000
Low
$1,050,000
Confidence
Medium
Located at 14 Forest Ridge Avenue, Palmview, this expansive 1937 sqm property offers a well-designed sanctuary for families. It features four bedrooms, a media room, and a versatile open-plan kitchen, dining, and living area. Notable amenities include a built-in office nook, fireplace, ducted air conditioning, and extensive outdoor entertaining spaces. The property is sustainable with solar panels and a large water tank, complemented by a 6-bay shed with 3-phase power. Positioned in the Palmview Forest Estate, it's ideal for modern family living.
Trusted by over 13k property buyers and counting...
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95.7%
$1.79M
4.1%
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Try Picki for FREE$15,000
-$20,153
4.1%
Asking Price
-
Estimated Purchase Price
$1,085,000
Stamp Duty
$42,913
Transfer Fee
$4,058
Conveyancing
$1,665
Deposit (10%)
$108,500
Reg. Mortgage
$224
LMI Premium
$30,638
Renovation Costs
-
Total Cash/Equity Required
$188,548
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$35,659
$51,362
Interest Repayments
$64,449
$64,449
Net Cashflow Before Tax
-$28,790
-$13,087
Depreciation
-
-
Tax Offset
-$8,637
-$3,926
Net Cashflow After Tax
-$20,153
-$9,161
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$976,500
$976,500
$198,300
$1,147,259
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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...
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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
