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$1.05M
$227,145
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,100,000
Medium
$1,025,000
Low
$950,000
Confidence
Medium
This 1960s-built, solid brick family home is a gem with its stunning basket range sandstone façade and vibrant rose gardens. Located on a generous 684 sqm plot, the property features three spacious bedrooms with built-in robes, a functional kitchen, and comfortable living areas. The highlight is an expansive backyard with lush gardens, an all-weather entertaining area, and a large workshop shed. The property offers drive-through carport access, reverse cycle air conditioning, and proximity to key amenities like schools, shopping, and beaches. With potential for renovation or redevelopment, this property is a prime canvas for your vision.
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83.8%
$1.15M
3.4%
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Try Picki for FREE-$80,000
-$31,217
2.6%
Asking Price
$1,050,000
Estimated Purchase Price
$1,105,000
Stamp Duty
$54,605
Transfer Fee
$10,499
Conveyancing
$1,226
Deposit (10%)
$110,500
Reg. Mortgage
$187
LMI Premium
$31,813
Renovation Costs
-
Total Cash/Equity Required
$209,380
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,041
$30,583
Interest Repayments
$65,637
$65,637
Net Cashflow Before Tax
-$44,596
-$35,054
Depreciation
-
-
Tax Offset
-$13,379
-$10,516
Net Cashflow After Tax
-$31,217
-$24,538
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,094,700
$1,978,957
Loan Balance
I.O
$994,500
$994,500
$100,200
$984,457
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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
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
