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$144,546
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Medium
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Confidence
This spacious solid brick home, built in 1960, promises a perfect setting for family living. Sitting on a substantial 833 sqm block, it offers five bedrooms, perfect for a large family or hosting guests. Boasting two detached bedrooms, a functional dine-in kitchen, and two expansive undercover entertainment areas, the property caters to both privacy and social gatherings. Its prime positioning near amenities like schools, grocery stores, and a major shopping centre enhances its desirability. The combination of original hardwood flooring and a formal lounge with split system AC adds both classic charm and modern comfort.
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61.7%
$418K
8.3%
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-$21,064
3.0%
Asking Price
-
Estimated Purchase Price
$780,000
Stamp Duty
$36,730
Transfer Fee
$7,331
Conveyancing
$1,226
Deposit (10%)
$78,000
Reg. Mortgage
$187
LMI Premium
$22,456
Renovation Costs
-
Total Cash/Equity Required
$146,480
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
$1,836
$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
$16,241
$23,751
Interest Repayments
$46,332
$46,332
Net Cashflow Before Tax
-$30,091
-$22,581
Depreciation
-
-
Tax Offset
-$9,027
-$6,774
Net Cashflow After Tax
-$21,064
-$15,806
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Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$702,000
$702,000
$131,040
$803,938
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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
