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Withheld
$122,355
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$665,000
Low
$640,000
Confidence
Medium
Discover the opportunity at 1 Aldgate Lane, Blakeview. This corner block offers a well-maintained family home with development potential. Ideal for investors, it features 4 bedrooms, 2 bathrooms, and 2 living areas. The property's generous parking space and strategic location make it suitable for subdivision or redevelopment, subject to council consent. As a bonus, it promises immediate rental income with existing tenants keen to stay. Positioned near top schools and shopping centers, it's a prime investment waiting to happen.
Trusted by over 13k property buyers and counting...
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76.5%
$690K
4.6%
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Try Picki for FREE$630,000
+
143.0%
Asking Price
$22,000
Estimated Purchase Price
$20,000
Stamp Duty
$280
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$2,000
Reg. Mortgage
$187
LMI Premium
$345
Renovation Costs
-
Total Cash/Equity Required
$4,797
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,947
$30,460
Interest Repayments
$1,188
$1,188
Net Cashflow Before Tax
$19,759
$29,272
Depreciation
-
-
Tax Offset
$5,928
$8,782
Net Cashflow After Tax
$13,831
$20,490
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$18,000
$18,000
$676,200
$1,236,948
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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
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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
