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$625K
$122,355
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
This stunning property features a modern design with a single garage and three spacious bedrooms. The external walls combine sleek brick and render finishes. The master bedroom boasts an ensuite and a walk-in robe, while other bedrooms include built-in robes. Entertaining is a joy with an alfresco area featuring tiled floors under the main roof. Interior highlights include a high 2700mm ceiling, a grand 2.4m front door, stone kitchen benchtops, and a premium 900mm oven with cooktop and rangehood. Climate-controlled comfort is ensured with ducted reverse cycle air conditioning. Floors feature timber laminate in living areas and carpet in the bedrooms, while downlights illuminate the living space beautifully.
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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 - 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...
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
23.6%
48.5%
$480K
5%
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Try Picki for FREE-$35,000
-$13,580
4.1%
Asking Price
$624,500
Estimated Purchase Price
$655,000
Stamp Duty
$29,855
Transfer Fee
$6,179
Conveyancing
$1,226
Deposit (10%)
$65,500
Reg. Mortgage
$187
LMI Premium
$18,858
Renovation Costs
-
Total Cash/Equity Required
$122,355
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
$38,907
$38,907
Net Cashflow Before Tax
-$19,400
-$10,496
Depreciation
-
-
Tax Offset
-$5,820
-$3,149
Net Cashflow After Tax
-$13,580
-$7,347
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$589,500
$589,500
$72,660
$607,528
