$838K
$169,687
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Try Picki for FREEConfidence
High
High
$920,000
Medium
$838,000
Low
$750,000
Confidence
Medium
Discover a modern, brand-new Torrens Titled Family Home in Western Suburbs, just 300 meters from Port Road and a quick 10-minute drive to the CBD. This house and land package features a double garage with automatic roller doors, stainless steel appliances, free solar, and stone benchtops. It's ideal for first-home buyers, who can save up to $40,000 with government benefits. Act fast, as this property won't last. Certain conditions apply, and it's vital to verify details with the developer and consult professionals.
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60.9%
$842K
3%
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Try Picki for FREE-$40,000
-$20,350
3.5%
Asking Price
$838,000
Estimated Purchase Price
$880,000
Stamp Duty
$42,230
Transfer Fee
$8,291
Conveyancing
$1,226
Deposit (10%)
$88,000
Reg. Mortgage
$187
LMI Premium
$25,335
Renovation Costs
-
Total Cash/Equity Required
$165,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,940
$44,037
Property Management
+7.7% PA
$2,382
$3,391
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
$23,201
$33,657
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$29,071
-$18,615
Depreciation
-
-
Tax Offset
-$8,721
-$5,585
Net Cashflow After Tax
-$20,350
-$13,031
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$897,120
$1,621,780
Loan Balance
I.O
$792,000
$792,000
$105,120
$829,780
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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...
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projected
for 2024 to 2026
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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