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$440K
$72,723
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Try Picki for FREEConfidence
High
High
$515,000
Medium
$495,000
Low
$475,000
Confidence
Medium
This charming 3-bedroom maisonette, freshly painted and modernized, offers comfort and convenience in a sought-after location. Set on a spacious 559sqm allotment, the home features an open-plan living area with a stylish kitchen equipped with ample storage and a bay-style window overlooking the backyard. Each bedroom boasts built-in robes and ceiling fans, while updated amenities ensure a contemporary living experience. Outdoor areas include an entertaining verandah and carport space amid established gardens. Positioned near parks, shopping centers, and schools, this home provides an ideal setting for families and investors alike, offering both tranquility and accessibility to Adelaide's CBD.
Trusted by over 13k property buyers and counting...
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38.9%
$500K
4.9%
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Try Picki for FREE$75,000
-$6,161
5.6%
Asking Price
$440,000
Estimated Purchase Price
$420,000
Stamp Duty
$17,330
Transfer Fee
$3,875
Conveyancing
$1,226
Deposit (10%)
$42,000
Reg. Mortgage
$187
LMI Premium
$9,375
Renovation Costs
-
Total Cash/Equity Required
$74,543
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
$24,948
$24,948
Net Cashflow Before Tax
-$8,801
-$1,319
Depreciation
-
-
Tax Offset
-$2,640
-$396
Net Cashflow After Tax
-$6,161
-$924
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$528,660
$955,692
Loan Balance
I.O
$378,000
$378,000
$150,660
$577,692
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
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