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$1.15M
$217,335
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,120,000
Medium
$1,075,000
Low
$1,030,000
Confidence
Medium
This impressive Colonial style family home sits in an elevated position, offering stunning valley views. The spacious, stylish interior includes a smartly appointed Blackwood timber kitchen, multiple living areas, and energy-efficient features like a 6.6kW solar system with battery storage and 30,000L of water storage tanks. The home comprises a serene master suite with ensuite, additional bedrooms with built-in robes, and ample parking options. Located in Happy Valley, residents enjoy scenic landscapes, quality education, and easy access to amenities.
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91.8%
$945K
3.6%
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Try Picki for FREE$15,000
-$23,379
3.6%
Asking Price
-
Estimated Purchase Price
$1,060,000
Stamp Duty
$52,130
Transfer Fee
$10,019
Conveyancing
$1,226
Deposit (10%)
$106,000
Reg. Mortgage
$187
LMI Premium
$30,518
Renovation Costs
-
Total Cash/Equity Required
$200,630
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$37,700
$53,659
Property Management
+7.7% PA
$2,903
$4,132
Rates
+3.0% PA
$1,710
$2,231
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
$29,566
$42,702
Interest Repayments
$62,964
$62,964
Net Cashflow Before Tax
-$33,398
-$20,262
Depreciation
-
-
Tax Offset
-$10,019
-$6,079
Net Cashflow After Tax
-$23,379
-$14,184
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,148,100
$2,075,492
Loan Balance
I.O
$954,000
$954,000
$194,100
$1,121,492
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2021 Population
Suburbs
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
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
