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$805K
$151,363
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
This attractive family home offers a residence near West Lakes Golf Club. With the incentive of free stamp duty, this property is a budget-friendly option. The package includes features such as a single garage with automatic roller doors, stainless steel appliances, solar panels, and stone bench tops, ensuring modern comfort and utility. Additional allowances for site work footings are also provided. However, as elements like elevations and plans are illustrations, prospective buyers must verify specifications and assess the land's suitability for construction. The land itself is a separate sale and subject to availability.
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69.6%
$930K
3.5%
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Try Picki for FREE$20,000
-$17,063
3.9%
Asking Price
$805,000
Estimated Purchase Price
$805,000
Stamp Duty
$38,105
Transfer Fee
$7,619
Conveyancing
$1,226
Deposit (10%)
$80,500
Reg. Mortgage
$187
LMI Premium
$23,176
Renovation Costs
-
Total Cash/Equity Required
$151,363
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
$47,817
$47,817
Net Cashflow Before Tax
-$24,376
-$13,819
Depreciation
-
-
Tax Offset
-$7,313
-$4,146
Net Cashflow After Tax
-$17,063
-$9,673
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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
$724,500
$724,500
$156,600
$868,319
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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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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
