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.
$649K
$105,868
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
$730,000
Medium
$680,000
Low
$630,000
Confidence
Medium
This inviting 4-bedroom family home, nestled in a quiet, sought-after neighborhood, offers a modern lifestyle with recent upgrades. The brick veneer property is designed for comfort and convenience, featuring a formal lounge and dining room, a newly updated kitchen with modern appliances, and energy-efficient amenities like a 6.6kW solar system. The master bedroom boasts an ensuite and walk-in robe, while additional bedrooms feature built-in robes. Outdoor space includes a generous lawn area, perfect for family activities, and a secure backyard with a toolshed and rainwater tank. Ample parking accommodates up to three cars with a two-car carport. A move-in ready gem for families and retirees alike.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
84.5%
$630K
5.4%
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-$5,000
-$12,812
4.4%
Asking Price
$649,000
Estimated Purchase Price
$685,000
Stamp Duty
$31,505
Transfer Fee
$6,467
Conveyancing
$1,226
Deposit (10%)
$68,500
Reg. Mortgage
$187
LMI Premium
$19,721
Renovation Costs
-
Total Cash/Equity Required
$128,156
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,387
$32,509
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$18,302
-$8,180
Depreciation
-
-
Tax Offset
-$5,491
-$2,454
Net Cashflow After Tax
-$12,812
-$5,726
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%
$726,240
$1,312,869
Loan Balance
I.O
$616,500
$616,500
$109,740
$696,369
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
