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Withheld
$382,138
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,000,000
Low
$1,800,000
Confidence
Medium
This spacious family home offers a chance for a lifestyle upgrade near West Beach. The contemporary house features a well-kept front yard, ample parking, and a double garage. Inside, new timber floors, natural light, and modern amenities await. The property includes three bedrooms with built-ins, two renovated bathrooms, a modern kitchen with high-end appliances, a swimming pool, and an outdoor entertaining area. A standalone rumpus gives extra living space. Close to schools, shops, and transport, this rented home is available until January 2025.
Trusted by over 13k property buyers and counting...
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57.7%
$482K
5.2%
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Try Picki for FREE$1,970,000
+
130.0%
Asking Price
$28,000
Estimated Purchase Price
$30,000
Stamp Duty
$480
Transfer Fee
$230
Conveyancing
$1,226
Deposit (10%)
$3,000
Reg. Mortgage
$187
LMI Premium
$518
Renovation Costs
-
Total Cash/Equity Required
$6,191
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
$1,782
$1,782
Net Cashflow Before Tax
$28,858
$42,463
Depreciation
-
-
Tax Offset
$8,657
$12,739
Net Cashflow After Tax
$20,201
$29,724
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,136,000
$3,861,380
Loan Balance
I.O
$27,000
$27,000
$2,109,000
$3,834,380
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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
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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
