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.
© 2024 Picki. All rights reserved.
Withheld
$1,776
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
High
High
$535,000
Medium
$505,000
Low
$475,000
Confidence
Medium
Discover this charming 1962-built property, perfect for first-time buyers, families, or investors. Featuring three spacious bedrooms and an inviting lounge, this home offers open-plan kitchen and dining. Situated on a 689m² block, the property's standout includes a large backyard with a verandah, ideal for outdoor gatherings. A sizable shed accessible via the side gate caters to storage or hobbies. Located in the thriving Playford City Council area, close to Lyell McEwin Hospital, schools, and shopping, making it a convenient and comfortable choice. Note: property tenanted until February 2025 at $350 per week.
Trusted by over 13k property buyers and counting...
Try Picki for FREE31.4%
30.5%
$449K
6.4%
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$60,000
-$4,848
6.1%
Asking Price
$475,000
Estimated Purchase Price
$445,000
Stamp Duty
$18,580
Transfer Fee
$4,163
Conveyancing
$1,226
Deposit (10%)
$44,500
Reg. Mortgage
$187
LMI Premium
$9,933
Renovation Costs
-
Total Cash/Equity Required
$79,139
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
$26,433
$26,433
Net Cashflow Before Tax
-$6,926
$1,978
Depreciation
-
-
Tax Offset
-$2,078
$593
Net Cashflow After Tax
-$4,848
$1,384
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%
$539,340
$974,998
Loan Balance
I.O
$400,500
$400,500
$138,840
$574,498
Below are some similar properties in the area you may be interested in.
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
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 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
