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$559K
$114,619
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$575,000
Medium
$525,000
Low
$475,000
Confidence
Medium
This 1966-built brick veneer home is ideal for families or investors. Set on a 694sqm block with 20.72m frontage, it features a lounge, dining area with exposed beams, a galley kitchen, three bedrooms, and a full bathroom. Outside, enjoy a fenced yard, verandah, pergola, two storage sheds, and an external studio. New flooring, fresh paint, and air-conditioning provide comfort. Situated near schools, shops, parks, and transport, it allows easy access to the CBD and St Kilda beach. Zoned in a Master Planned Neighbourhood, this property promises a convenient lifestyle.
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43.8%
$503K
5.4%
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Try Picki for FREE-$10,000
-$10,942
4.4%
Asking Price
$499,000
Estimated Purchase Price
$535,000
Stamp Duty
$23,255
Transfer Fee
$5,027
Conveyancing
$1,226
Deposit (10%)
$53,500
Reg. Mortgage
$187
LMI Premium
$11,941
Renovation Costs
-
Total Cash/Equity Required
$95,686
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
$31,779
$31,779
Net Cashflow Before Tax
-$15,632
-$8,150
Depreciation
-
-
Tax Offset
-$4,690
-$2,445
Net Cashflow After Tax
-$10,942
-$5,705
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$560,700
$1,013,612
Loan Balance
I.O
$481,500
$481,500
$79,200
$532,112
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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
