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$369K
$69,085
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Medium
Discover this charming red brick veneer maisonette on a spacious 448m2 allotment. Ideal for first-time homebuyers or investors, this property offers two roomy bedrooms, two living areas, polished timber floors, and modern kitchen amenities. Positioned conveniently near Argana Park and Munno Para Shopping Centre, it's perfect for lifestyle and accessibility. The large, secure backyard and single carport add practicality and peace of mind. Built in 1960, this residence promises comfortable and contemporary living.
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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
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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
7.2%
28.9%
$383K
6.1%
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Try Picki for FREE$30,000
-$5,585
5.7%
Asking Price
$369,000
Estimated Purchase Price
$390,000
Stamp Duty
$15,830
Transfer Fee
$3,587
Conveyancing
$1,226
Deposit (10%)
$39,000
Reg. Mortgage
$187
LMI Premium
$8,705
Renovation Costs
-
Total Cash/Equity Required
$69,085
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$22,360
$31,825
Property Management
+7.7% PA
$1,722
$2,451
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
$15,187
$22,262
Interest Repayments
$23,166
$23,166
Net Cashflow Before Tax
-$7,979
-$904
Depreciation
-
-
Tax Offset
-$2,394
-$271
Net Cashflow After Tax
-$5,585
-$633
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$351,000
$351,000
$97,560
$459,890
