The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$146,480
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$890,000
Medium
$810,000
Low
$730,000
Confidence
Medium
Experience modern living in this fully renovated home overlooking a serene reserve. It features three spacious bedrooms, including a master with a walk-in wardrobe and a quality ensuite. The stylish kitchen impresses with stone benchtops, a breakfast bar, and stainless steel appliances. The living spaces boast timber floors, while bedrooms are carpeted for comfort. The home also offers landscaped low-maintenance gardens, an entertaining area, and secure parking for two vehicles. Enjoy comfort year-round with ducted reverse cycle air conditioning, plus peace of mind with a security alarm. Conveniently close to amenities, this home provides great value to first-time buyers and investors.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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 - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
Average Income
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 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
Below are some similar properties in the area you may be interested in.
1.3%
76.3%
$870K
3.4%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$30,000
-$15,352
4.1%
Asking Price
-
Estimated Purchase Price
$780,000
Stamp Duty
$36,730
Transfer Fee
$7,331
Conveyancing
$1,226
Deposit (10%)
$78,000
Reg. Mortgage
$187
LMI Premium
$22,456
Renovation Costs
-
Total Cash/Equity Required
$146,480
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+7.7% PA
$2,482
$3,533
Rates
+3.0% PA
$1,836
$2,396
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$24,401
$35,365
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$21,931
-$10,967
Depreciation
-
-
Tax Offset
-$6,579
-$3,290
Net Cashflow After Tax
-$15,352
-$7,677
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$702,000
$702,000
$163,080
$861,859
