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Withheld
$111,670
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$610,000
Low
$570,000
Confidence
Medium
This neat and tidy family home in Craigmore offers great value for money in a prime location. Situated close to amenities, the updated home sits on a large allotment, providing a convenient lifestyle with shops, schools, parks, and public transport at your fingertips. The property includes a modern kitchen, master bedroom with walk-in robe, additional bedrooms with built-in robes, and features evaporative cooling and ducted heating. The paved pergola and landscaped gardens make it ideal for entertaining. With a 1.6kW solar power system and excellent public transport, this property is a great buy in an expanding northern suburb.
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81.9%
$555K
5.9%
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-$11,709
4.4%
Asking Price
-
Estimated Purchase Price
$610,000
Stamp Duty
$27,380
Transfer Fee
$5,699
Conveyancing
$1,226
Deposit (10%)
$61,000
Reg. Mortgage
$187
LMI Premium
$17,562
Renovation Costs
-
Total Cash/Equity Required
$113,604
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,930
$2,518
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
$19,507
$28,411
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$16,727
-$7,823
Depreciation
-
-
Tax Offset
-$5,018
-$2,347
Net Cashflow After Tax
-$11,709
-$5,476
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$549,000
$549,000
$102,480
$628,721
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2021 Population
Suburbs
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
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
