The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$1,776
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
$1,280,000
Medium
$1,200,000
Low
$1,120,000
Confidence
Medium
This is a solid brick home built in 1976, featuring a smart floor plan with 4 bedrooms, a formal dining room, an additional study, casual dining and living spaces, and a lot of potential for personalization. It's located on a corner block with significant frontage, enhancing its presence. The house includes a vaulted ceiling in the family room, a double garage with loft storage, and a blend of modern comforts like split-system air conditioning and a solar system. With ample storage, large windows for natural light, a three-bathroom layout, and established fruit trees, it's an entertainer's dream situated in the heart of Kidman Park near schools, shopping centers, and recreational facilities. The annual council rates are $2,323.70, with quarterly SA Water charges of $253.54 and a yearly ESL of $212.90.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
83.8%
$1.15M
3.4%
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$70,000
-$23,018
3.8%
Asking Price
-
Estimated Purchase Price
$1,130,000
Stamp Duty
$55,980
Transfer Fee
$10,691
Conveyancing
$1,226
Deposit (10%)
$113,000
Reg. Mortgage
$187
LMI Premium
$35,701
Renovation Costs
-
Total Cash/Equity Required
$217,335
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$42,900
$61,060
Property Management
+7.7% PA
$3,303
$4,702
Rates
+3.0% PA
$1,836
$2,396
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
$34,240
$49,369
Interest Repayments
$67,122
$67,122
Net Cashflow Before Tax
-$32,882
-$17,753
Depreciation
-
-
Tax Offset
-$9,865
-$5,326
Net Cashflow After Tax
-$23,018
-$12,427
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%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,017,000
$1,017,000
$264,600
$1,299,828
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 - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
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
