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Withheld
$227,145
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
Experience modern living in this renovated 1960s home, perfect for a young family. Situated in family-friendly Flinders Park, just 7kms from Henley Square, the property is designed for comfort with a flexible layout. Enjoy up to four bedrooms or two living areas, enhanced by a spacious enclosable deck perfect for entertaining. The home boasts two renovated bathrooms, a sleek, central kitchen, and open-flow living and dining areas leading outside. Additional features include a dual carport, ducted heating and cooling, private gardens, and advanced lighting and AV wiring. Just meters from Linear Park and close to top schools and city to coast transport options, this property offers a balanced lifestyle in a prime location.
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1.1%
80.9%
$915K
3.9%
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Try Picki for FREE$20,000
-$27,616
3.3%
Asking Price
-
Estimated Purchase Price
$1,180,000
Stamp Duty
$58,730
Transfer Fee
$11,171
Conveyancing
$1,226
Deposit (10%)
$118,000
Reg. Mortgage
$187
LMI Premium
$37,281
Renovation Costs
-
Total Cash/Equity Required
$227,145
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
$70,092
$70,092
Net Cashflow Before Tax
-$39,452
-$25,847
Depreciation
-
-
Tax Offset
-$11,836
-$7,754
Net Cashflow After Tax
-$27,616
-$18,093
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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
$1,062,000
$1,062,000
$219,600
$1,254,828
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 - 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...
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
