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$689K
$142,612
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$690,000
Low
$640,000
Confidence
Medium
Discover a family-friendly home at 2 Gerlach Grove, Evanston Park. Situated on a 686 sqm corner lot, this freshly painted residence features four bedrooms, including a master suite with an ensuite and walk-in robe. Additional bedrooms have built-in robes and ceiling fans. The kitchen boasts ample storage with a walk-in pantry and breakfast bar, flowing into a spacious meals and family area. Stay comfortable year-round with ducted cooling, reverse cycle air conditioning, and a gas heater. The property includes a double garage, a gabled undercover entertaining area, a large workshop, and low-maintenance gardens. Enjoy proximity to schools, shopping, and recreation.
Trusted by over 13k property buyers and counting...
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61.9%
$585K
4.9%
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Try Picki for FREE-$50,000
-$14,453
4.2%
Asking Price
$689,000
Estimated Purchase Price
$740,000
Stamp Duty
$34,530
Transfer Fee
$6,947
Conveyancing
$1,226
Deposit (10%)
$74,000
Reg. Mortgage
$187
LMI Premium
$21,305
Renovation Costs
-
Total Cash/Equity Required
$138,745
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,968
$2,568
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
$23,309
$33,826
Interest Repayments
$43,956
$43,956
Net Cashflow Before Tax
-$20,647
-$10,130
Depreciation
-
-
Tax Offset
-$6,194
-$3,039
Net Cashflow After Tax
-$14,453
-$7,091
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$736,920
$1,332,176
Loan Balance
I.O
$666,000
$666,000
$70,920
$666,176
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
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
