$825K
$155,231
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Discover a brand new Torrens Titled Family Home adjacent to the West Lakes Golf Club. This last remaining House Land package offers an ideal blend of luxurious living and convenience. The package includes a double garage with automatic roller doors, stone bench tops, solar energy, and stainless steel appliances. With options subject to conditions and potential variations, this is a rare opportunity. Approval from Council or Developer and confirmation of land suitability is required.
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69.6%
$930K
3.5%
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-$17,895
3.8%
Asking Price
$825,000
Estimated Purchase Price
$825,000
Stamp Duty
$39,205
Transfer Fee
$7,811
Conveyancing
$1,226
Deposit (10%)
$82,500
Reg. Mortgage
$187
LMI Premium
$23,752
Renovation Costs
-
Total Cash/Equity Required
$155,231
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,441
$33,998
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$25,564
-$15,007
Depreciation
-
-
Tax Offset
-$7,669
-$4,502
Net Cashflow After Tax
-$17,895
-$10,505
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$742,500
$742,500
$138,600
$850,319
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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