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$680K
$103,175
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Discover a modern gem in Burdell! This exquisite home, ready by May 2024, boasts a spacious 560 sqm block. It features four bedrooms and a luxe master suite with ensuite and a walk-in wardrobe. Enjoy the sleek, open-plan living with stone benchtops and electric cooking. The property includes a double car garage, air conditioning, and a versatile sitting room. Currently rented until June 2025 at $650/week, it's an ideal investment opportunity near parks, shops, and schools. A perfect haven for families and professionals.
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71.1%
$688K
4.9%
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Try Picki for FREE$70,000
-$10,614
4.7%
Asking Price
$680,000
Estimated Purchase Price
$610,000
Stamp Duty
$20,475
Transfer Fee
$2,036
Conveyancing
$1,665
Deposit (10%)
$61,000
Reg. Mortgage
$224
LMI Premium
$17,225
Renovation Costs
-
Total Cash/Equity Required
$103,175
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
$36,234
$36,234
Net Cashflow Before Tax
-$15,163
-$5,612
Depreciation
-
-
Tax Offset
-$4,549
-$1,684
Net Cashflow After Tax
-$10,614
-$3,929
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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
$549,000
$549,000
$177,240
$763,869
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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...
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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
