The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2025 Picki. All rights reserved.
$540K
-
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$600,000
Medium
$520,000
Low
$440,000
Confidence
Low
This home offers 3 well-sized bedrooms each equipped with ceiling fans. Enjoy a spacious formal lounge and a dining area next to the modern kitchen, complete with stainless steel appliances. The property features a fully updated bathroom with a large shower, separate toilet, and laundry. The living areas boast low maintenance flooring while the bedrooms have new carpets and curtains. Recently painted, the house ensures comfort with split system air conditioning. The all-weather entertaining area is perfect for bbqs. You'll have drive-through access via the carport to the backyard which includes shelter for another vehicle and a workshop. A retreat space provides a getaway for teens or a mancave option. The large, level backyard is just 180 meters from the river's edge and is set in the desirable Riverglades area, close to schools, shopping, and nature trails.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
71.2%
$365K
6.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$50,000
-$14,849
3.5%
Asking Price
$540,000
Estimated Purchase Price
$570,000
Stamp Duty
$25,180
Transfer Fee
$5,315
Conveyancing
$1,226
Deposit (10%)
$57,000
Reg. Mortgage
$187
LMI Premium
$16,410
Renovation Costs
-
Total Cash/Equity Required
$105,868
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$2,072
$2,703
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
$12,645
$18,661
Interest Repayments
$33,858
$33,858
Net Cashflow Before Tax
-$21,213
-$15,197
Depreciation
-
-
Tax Offset
-$6,364
-$4,559
Net Cashflow After Tax
-$14,849
-$10,638
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$513,000
$513,000
$42,360
$490,959
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
Retail Trade - 13.0%
Manufacturing - 12.0%
Health Care and Social Assistance - 12.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
Average Income
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 FREEAverage Population
projected
for 2025 to 2027
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
Below are some similar properties in the area you may be interested in.
