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$1.09M
$168,832
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Try Picki for FREEConfidence
High
High
$1,230,000
Medium
$1,090,000
Low
$950,000
Confidence
Medium
Located in a highly sought-after estate, this newly constructed, spacious 300+ square metre home boasts contemporary style and sophistication. With its bright, open-concept living areas and modern design, it showcases high ceilings, a luxurious master suite, and gourmet kitchen equipped with top-tier appliances. Additional features include multiple living zones, a dedicated home office, climate control, and a double lock-up garage. Outdoors, enjoy landscaped gardens, a magnesium pool, and a secure environment with advanced security features. With prime location advantages, this is a distinctive chance to own a dream home without ever having been lived in.
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71.1%
$688K
4.9%
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Try Picki for FREE$110,000
-$25,999
2.9%
Asking Price
$1,090,000
Estimated Purchase Price
$980,000
Stamp Duty
$37,125
Transfer Fee
$3,595
Conveyancing
$1,665
Deposit (10%)
$98,000
Reg. Mortgage
$224
LMI Premium
$27,673
Renovation Costs
-
Total Cash/Equity Required
$168,832
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
$58,212
$58,212
Net Cashflow Before Tax
-$37,141
-$27,590
Depreciation
-
-
Tax Offset
-$11,142
-$8,277
Net Cashflow After Tax
-$25,999
-$19,313
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,164,120
$2,104,452
Loan Balance
I.O
$882,000
$882,000
$282,120
$1,222,452
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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
