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$550K
$88,234
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
Discover a convenient and immaculate 3-bedroom home, perfectly situated near schools, shops, and transport. This residence features a lounge and dining room, a modernized kitchen overlooking an additional living area, and an updated bathroom. Enjoy modern timber look flooring, ample built-in cupboards, ducted air conditioning, and gas heating. Environmentally conscious buyers will appreciate the 5kw solar system. Outdoors, a carport under the main roof complements a handy 6x6 metre shed with side access. The outdoor entertaining area shines amidst established gardens on a 573m2 allotment.
Trusted by over 13k property buyers and counting...
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58.8%
$551K
4.7%
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Try Picki for FREE$40,000
-$7,410
5.3%
Asking Price
$550,000
Estimated Purchase Price
$510,000
Stamp Duty
$21,880
Transfer Fee
$4,739
Conveyancing
$1,226
Deposit (10%)
$51,000
Reg. Mortgage
$187
LMI Premium
$11,383
Renovation Costs
-
Total Cash/Equity Required
$90,965
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,300
$38,856
Property Management
+7.7% PA
$2,102
$2,992
Rates
+3.0% PA
$1,968
$2,568
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
$19,709
$28,703
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$10,585
-$1,591
Depreciation
-
-
Tax Offset
-$3,176
-$477
Net Cashflow After Tax
-$7,410
-$1,114
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$459,000
$459,000
$128,400
$602,879
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
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
