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$700K
$106,724
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
This property offers a sophisticated and effortless luxury lifestyle with its clean, modern design. It boasts soaring ceilings, high-end fittings, and stone countertops. Natural light fills the interiors through expansive glass panels, creating a warm atmosphere. A seamless transition from indoors to outdoors is facilitated by a sprawling patio that merges into an outdoor kitchen and garden area, equipped with a second kitchen. Key features include an open-plan kitchen with deep stone benchtops, four bedrooms, a dedicated office, media rumpus room, dual outdoor entertaining areas, and full split-system air conditioning. An oversized laundry adds further convenience.
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71.1%
$688K
4.9%
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Try Picki for FREE$50,000
-$11,446
4.5%
Asking Price
$700,000
Estimated Purchase Price
$630,000
Stamp Duty
$21,375
Transfer Fee
$2,120
Conveyancing
$1,665
Deposit (10%)
$63,000
Reg. Mortgage
$224
LMI Premium
$17,790
Renovation Costs
-
Total Cash/Equity Required
$106,724
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
$1,676
$2,187
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
$21,071
$30,622
Interest Repayments
$37,422
$37,422
Net Cashflow Before Tax
-$16,351
-$6,800
Depreciation
-
-
Tax Offset
-$4,905
-$2,040
Net Cashflow After Tax
-$11,446
-$4,760
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$567,000
$567,000
$159,240
$745,869
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 - 15.0%
Public Administration and Safety - 14.0%
Education and Training - 10.0%
Retail Trade - 10.0%
Others - 51.0%
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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