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$440K
$78,181
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$660,000
Low
$630,000
Confidence
Medium
Discover an exceptional opportunity in Playford City. Perfect for first-time buyers or investors, this home is on a 505 sqm lot, offering comfort with three spacious bedrooms and a functional kitchen. The property, built in 1963, features an expansive backyard with a wide verandah for gatherings. Located near Lyell McEwin Hospital and Elizabeth Shopping City, this home provides convenience and a rental estimate of $420-$440 per week. Close to schools and leisure facilities, it’s a chance to secure a spot in a growing community.
Trusted by over 13k property buyers and counting...
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54.5%
$518K
4.8%
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Try Picki for FREE$200,000
-$5,472
5.9%
Asking Price
$460,000
Estimated Purchase Price
$460,000
Stamp Duty
$19,330
Transfer Fee
$4,259
Conveyancing
$1,226
Deposit (10%)
$46,000
Reg. Mortgage
$187
LMI Premium
$10,267
Renovation Costs
-
Total Cash/Equity Required
$81,819
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,507
$28,411
Interest Repayments
$27,324
$27,324
Net Cashflow Before Tax
-$7,817
$1,087
Depreciation
-
-
Tax Offset
-$2,345
$326
Net Cashflow After Tax
-$5,472
$761
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$414,000
$414,000
$290,880
$860,255
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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
