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Withheld
$1,776
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$620,000
Low
$590,000
Confidence
Medium
This 2012-built, single-storey family home offers contemporary style and modern convenience in a prime location. With a spacious open-plan kitchen, family, and meals area, the property features quality finishes, a well-equipped kitchen, and comfortable bedrooms. It sits on a 419sqm block with a double garage, rainwater tank, and security doors. Close to schools and shopping centers, this home is perfect for families and investors, with a current rental of $450 per week and future potential between $560-$610 per week.
Trusted by over 13k property buyers and counting...
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48.2%
$459K
5.7%
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Try Picki for FREE-$30,000
-$12,700
4.3%
Asking Price
$619,000
Estimated Purchase Price
$650,000
Stamp Duty
$29,580
Transfer Fee
$6,083
Conveyancing
$1,226
Deposit (10%)
$65,000
Reg. Mortgage
$187
LMI Premium
$18,714
Renovation Costs
-
Total Cash/Equity Required
$121,340
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$20,467
$29,777
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$18,143
-$8,833
Depreciation
-
-
Tax Offset
-$5,443
-$2,650
Net Cashflow After Tax
-$12,700
-$6,183
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$662,160
$1,197,028
Loan Balance
I.O
$585,000
$585,000
$77,160
$612,028
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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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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
