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$685K
$114,619
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This Weeks Homes property offers a construction opportunity with an array of features and inclusions designed to enhance living comfort. Set against a yet-to-be-constructed backdrop, highlights include high ceilings, a spacious entry, and a remote-control garage door. Bedrooms come complete with carpet, while timber laminate flooring adorns the main areas. Stay comfortable throughout the year with fully ducted reverse cycle air conditioning. The home is equipped with Fisher & Paykel stainless steel appliances and features a Colorbond roof. Detailed emphasis on structural integrity and energy efficiency is evident through Supaloc steel frames, insulated walls and ceilings, and compliant roofing. Prospective buyers should be aware of site-specific variables and additional costs associated with land acquisition and potential upgrades.
Trusted by over 13k property buyers and counting...
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35.4%
$403K
5.8%
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Try Picki for FREE-$5,000
-$12,572
4.4%
Asking Price
$688,148
Estimated Purchase Price
$655,000
Stamp Duty
$29,855
Transfer Fee
$6,179
Conveyancing
$1,226
Deposit (10%)
$65,500
Reg. Mortgage
$187
LMI Premium
$18,858
Renovation Costs
-
Total Cash/Equity Required
$122,355
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
$1,930
$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
$20,947
$30,460
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$17,960
-$8,447
Depreciation
-
-
Tax Offset
-$5,388
-$2,534
Net Cashflow After Tax
-$12,572
-$5,913
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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
$589,500
$589,500
$104,700
$665,448
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
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
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