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$595K
$110,751
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover a move-in ready modern home that embodies comfort and convenience. Nestled in a highly coveted suburb within walking distance to Lyell McEwin Hospital, this property offers great potential for families or downsizers. Featuring a master bedroom with an ensuite and walk-in robe, two additional bedrooms, and tiled floors for easy maintenance. The open-plan kitchen, dining, and living area is equipped with modern appliances, providing a perfect space for family gatherings. Enjoy the outdoors with a backyard accessible via a sliding door and a secure garage for peace of mind. Built in 2016 on a 328 sqm land with 122 sqm of internal living space, this property is a fantastic investment with a rental appraisal of $500-$550 per week.
Trusted by over 13k property buyers and counting...
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47.1%
$482K
5.2%
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Try Picki for FREE$55,000
-$9,069
5.1%
Asking Price
$595,000
Estimated Purchase Price
$595,000
Stamp Duty
$26,555
Transfer Fee
$5,603
Conveyancing
$1,226
Deposit (10%)
$59,500
Reg. Mortgage
$187
LMI Premium
$17,130
Renovation Costs
-
Total Cash/Equity Required
$110,751
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,387
$32,509
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$12,956
-$2,834
Depreciation
-
-
Tax Offset
-$3,887
-$850
Net Cashflow After Tax
-$9,069
-$1,984
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$535,500
$535,500
$158,700
$719,448
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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...
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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
