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$510K
$99,424
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Try Picki for FREEConfidence
High
High
$570,000
Medium
$510,000
Low
$450,000
Confidence
Medium
This charming home in the northern suburbs features exquisite red brickwork and a spacious layout. The open-plan living and dining area seamlessly connects to a stylish kitchen with unique emerald benchtops. The hallway leads to three generous bedrooms equipped with vinyl tiling and built-in robes. Renovated bathroom facilities include a bath and a shower. Added conveniences are found in the large laundry, which hosts a second toilet. The backyard offers a versatile undercover area, shaded trees, a fenced-off verandah, a carport, and a lined lock-up garage with drive-through capability. Set on a 737m2 block with potential for development (STCC), this home is located near local conveniences, schools, and shopping options, with a current tenancy at $400 per week until March 2025.
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65.2%
$528K
4.7%
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Try Picki for FREE-$25,000
-$11,278
4.3%
Asking Price
$510,000
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
$22,880
$32,565
Property Management
+7.7% PA
$1,762
$2,508
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
$15,667
$22,946
Interest Repayments
$31,779
$31,779
Net Cashflow Before Tax
-$16,112
-$8,833
Depreciation
-
-
Tax Offset
-$4,834
-$2,650
Net Cashflow After Tax
-$11,278
-$6,183
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$544,680
$984,652
Loan Balance
I.O
$481,500
$481,500
$63,180
$503,152
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...
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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
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