$620K
$121,340
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Try Picki for FREEConfidence
High
High
$560,000
Medium
$520,000
Low
$480,000
Confidence
Medium
This stunning three-bedroom home offers modern renovations throughout. Nestled on a spacious 774m2 allotment, it combines style and functionality. With a new kitchen and bathroom, fresh paint, and a range of premium features including a modern ducted air conditioning system, solar power, and security elements, this property is ideal for first homeowners or savvy investors. The large landscaped yard, extensive decking, and enclosed carport add to its appeal.
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Try Picki for FREELocation, 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
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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
Below are some similar properties in the area you may be interested in.
11.2%
56.7%
$512K
4.9%
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Try Picki for FREE$30,000
-$9,071
4.8%
Asking Price
-
Estimated Purchase Price
$490,000
Stamp Duty
$20,830
Transfer Fee
$4,547
Conveyancing
$1,226
Deposit (10%)
$49,000
Reg. Mortgage
$187
LMI Premium
$10,937
Renovation Costs
-
Total Cash/Equity Required
$87,277
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,147
$23,629
Interest Repayments
$29,106
$29,106
Net Cashflow Before Tax
-$12,959
-$5,477
Depreciation
-
-
Tax Offset
-$3,888
-$1,643
Net Cashflow After Tax
-$9,071
-$3,834
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$555,360
$1,003,959
Loan Balance
I.O
$441,000
$441,000
$114,360
$562,959