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Withheld
$318,423
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,900,000
Medium
$1,750,000
Low
$1,600,000
Confidence
Medium
Discover a high-end house and land package in a prime location, just 150 meters from the beautiful beachfront. This opportunity, featuring the last block in a desired group of three, offers a spacious two-story, four-bedroom residence designed by Adroit Developers, renowned specialists in Adelaide metro area developments. The home includes luxury elements such as dual master bedrooms, three ensuite-access bathrooms, a premium kitchen with a butler's pantry, and generous indoor-outdoor living spaces. Ideal for family living, the property is close to top-rated schools, parks, and local amenities.
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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 - 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
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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
0%
82.4%
$1.5M
2.7%
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Try Picki for FREE$105,000
-$31,832
3.8%
Asking Price
-
Estimated Purchase Price
$1,645,000
Stamp Duty
$84,305
Transfer Fee
$15,683
Conveyancing
$1,226
Deposit (10%)
$164,500
Reg. Mortgage
$187
LMI Premium
$51,972
Renovation Costs
-
Total Cash/Equity Required
$318,423
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
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
$52,238
$74,986
Interest Repayments
$97,713
$97,713
Net Cashflow Before Tax
-$45,475
-$22,727
Depreciation
-
-
Tax Offset
-$13,642
-$6,818
Net Cashflow After Tax
-$31,832
-$15,909
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,480,500
$1,480,500
$388,500
$1,898,207
