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$569K
$90,965
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
Discover modern living in this well-located 3-bedroom, 2-bathroom townhouse. Positioned just 15 minutes from Adelaide CBD in a development of eight, this home is near public transport, shopping, schools, and the Queen Elizabeth Hospital. A spacious open-plan layout includes a modern kitchen with ample storage and stainless steel appliances. Upstairs, enjoy a master bedroom with a private balcony, and additional bedrooms with built-in robes. Practical features include a large laundry, a third toilet on the ground floor, and a single car garage with internal access. Built in 2015, this property offers 125sqm of land and 98sqm of living space.
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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
5.6%
63.3%
$625K
3.7%
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Try Picki for FREE$265,000
-$7,340
5.4%
Asking Price
$599,000
Estimated Purchase Price
$555,000
Stamp Duty
$24,355
Transfer Fee
$5,219
Conveyancing
$1,226
Deposit (10%)
$55,500
Reg. Mortgage
$187
LMI Premium
$12,388
Renovation Costs
-
Total Cash/Equity Required
$99,425
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,481
$32,632
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$10,486
-$335
Depreciation
-
-
Tax Offset
-$3,146
-$100
Net Cashflow After Tax
-$7,340
-$234
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$875,760
$1,583,166
Loan Balance
I.O
$499,500
$499,500
$376,260
$1,083,666
