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Withheld
$1,776
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,280,000
Medium
$1,200,000
Low
$1,120,000
Confidence
Medium
Discover the potential at 11 Douglas Street, Flinders Park. This 720 m² property offers diverse opportunities for buyers and investors, with options to build a custom home, renovate, or pursue duplex potential, subject to council approval. Currently leased at $460 per week until April 2025, it boasts a master bedroom with a built-in robe and ceiling fan, two additional bedrooms, a bathroom with separate toilet, a spacious lounge with split air conditioning, and an eat-in kitchen. Convenience meets opportunity with its prime location near Adelaide CBD, the airport, beaches, and schools.
Trusted by over 13k property buyers and counting...
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70.7%
$785K
4.1%
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Try Picki for FREE$70,000
-$25,537
3.5%
Asking Price
-
Estimated Purchase Price
$1,130,000
Stamp Duty
$55,980
Transfer Fee
$10,691
Conveyancing
$1,226
Deposit (10%)
$113,000
Reg. Mortgage
$187
LMI Premium
$35,701
Renovation Costs
-
Total Cash/Equity Required
$217,335
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
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
$30,640
$44,245
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$36,482
-$22,877
Depreciation
-
-
Tax Offset
-$10,945
-$6,863
Net Cashflow After Tax
-$25,537
-$16,014
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,017,000
$1,017,000
$264,600
$1,299,828
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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
