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Withheld
$56,497
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Try Picki for FREEConfidence
High
High
$1,350,000
Medium
$1,275,000
Low
$1,200,000
Confidence
High
Discover a versatile 1970s 3-bedroom home combined with a self-contained flat in West Hindmarsh. This property offers dual-occupancy flexibility with retro charm and modern comforts. The main home includes polished timber floors, a luxurious master suite with walk-in robe and ensuite, and a sunlit living area leading to a social kitchen. A separate guesthouse adds potential for multigenerational living or rental income, complete with its own kitchen and bedroom. Enjoy outdoor entertaining in secure gardens with a gazebo and verandah. Located near Welland Plaza and West Croydon's café strip, it’s a great opportunity for lifestyle seekers.
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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 - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
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
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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
11%
61.6%
$1.3M
2.4%
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Try Picki for FREE$1,260,000
+
416.0%
Asking Price
$14,000
Estimated Purchase Price
$15,000
Stamp Duty
$180
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$1,500
Reg. Mortgage
$187
LMI Premium
$259
Renovation Costs
-
Total Cash/Equity Required
$4,111
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,238
$74,986
Interest Repayments
$891
$891
Net Cashflow Before Tax
$51,347
$74,095
Depreciation
-
-
Tax Offset
$15,404
$22,229
Net Cashflow After Tax
$35,943
$51,867
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,361,700
$2,461,630
Loan Balance
I.O
$13,500
$13,500
$1,348,200
$2,448,130
