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Withheld
$88,234
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Try Picki for FREEConfidence
High
High
$525,000
Medium
$505,000
Low
$485,000
Confidence
Medium
Discover this 3-bedroom, 1-bathroom home in a coveted neighborhood, perfect for renovators and first-time buyers eager to craft their dream home. Set on a generous 553sqm allotment, it offers ample space for family living and future improvements. The property features high fencing and security roller shutters for privacy, nestled in a quiet, desirable area close to schools, parks, Elizabeth Shopping Centre, and transportation. The option to purchase the neighboring property presents an exciting development opportunity. Enjoy the convenience of nearby healthcare facilities and educational institutions.
Trusted by over 13k property buyers and counting...
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30.5%
$449K
6.4%
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Try Picki for FREE$10,000
-$9,279
4.7%
Asking Price
-
Estimated Purchase Price
$495,000
Stamp Duty
$21,080
Transfer Fee
$4,643
Conveyancing
$1,226
Deposit (10%)
$49,500
Reg. Mortgage
$187
LMI Premium
$11,049
Renovation Costs
-
Total Cash/Equity Required
$88,235
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,147
$23,629
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$13,256
-$5,774
Depreciation
-
-
Tax Offset
-$3,977
-$1,732
Net Cashflow After Tax
-$9,279
-$4,042
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$539,340
$974,998
Loan Balance
I.O
$445,500
$445,500
$93,840
$529,498
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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
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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
