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Withheld
$91,948
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Try Picki for FREEConfidence
High
High
$575,000
Medium
$525,000
Low
$475,000
Confidence
Medium
Located in the evolving suburb of Smithfield Plains, this 3-bedroom home presents an excellent opportunity for first-time buyers and investors. With a spacious master bedroom, an updated kitchen, and timeless wooden floors, it combines practicality with potential. Security is enhanced by roller shutters at the front. Situated on a low-maintenance block, it's close to schools, shopping, parks, and public transport. The location offers a convenient lifestyle and strong investment potential, ensuring future growth in a sought-after area.
Trusted by over 13k property buyers and counting...
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46%
$511K
5%
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-$10,526
4.5%
Asking Price
$499,000
Estimated Purchase Price
$525,000
Stamp Duty
$22,705
Transfer Fee
$4,931
Conveyancing
$1,226
Deposit (10%)
$52,500
Reg. Mortgage
$187
LMI Premium
$11,718
Renovation Costs
-
Total Cash/Equity Required
$93,817
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
$31,185
$31,185
Net Cashflow Before Tax
-$15,038
-$7,556
Depreciation
-
-
Tax Offset
-$4,511
-$2,267
Net Cashflow After Tax
-$10,526
-$5,289
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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
$472,500
$472,500
$88,200
$541,112
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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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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
