$599K
$123,273
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
Discover an impressive 2018-built Metricon home in Smithfield Plains, ready for move-in. This 136m² residence sits on a 335m² block, offering low maintenance and stylish living. Enjoy three bedrooms, including a master with ensuite and walk-in robe. Modern amenities feature throughout, with hybrid wooden flooring, LED lighting, and ducted reverse cycle air conditioning. Entertain in the open plan kitchen, dining, and living area, or relax outdoors under the tiled verandah. Solar panels and motorized roller shutters enhance efficiency. Positioned with convenience near schools, shops, and the Adelaide CBD, this gem won't last long.
Trusted by over 13k property buyers and counting...
Try Picki for FREE17.3%
46%
$511K
5%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE-$75,000
-$15,516
3.6%
Asking Price
$599,000
Estimated Purchase Price
$645,000
Stamp Duty
$29,305
Transfer Fee
$6,083
Conveyancing
$1,226
Deposit (10%)
$64,500
Reg. Mortgage
$187
LMI Premium
$18,570
Renovation Costs
-
Total Cash/Equity Required
$120,421
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
$38,313
$38,313
Net Cashflow Before Tax
-$22,166
-$14,684
Depreciation
-
-
Tax Offset
-$6,650
-$4,405
Net Cashflow After Tax
-$15,516
-$10,279
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$580,500
$580,500
$28,260
$519,993
Below are some similar properties in the area you may be interested in.
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
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 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