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$640K
$125,207
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
Discover a brand-new opportunity in Elizabeth Downs with this upcoming family home from HPG Homes. Positioned on a spacious 259m2 allotment, this single-storey residence is designed to maximize comfort and style, offering a customizable floorplan that fits your lifestyle. Enjoy the convenience of nearby schools, shopping centers, and public transport, making this neighborhood perfect for settling down. The home features a 7-star energy compliance, a modern kitchen with stainless steel appliances, and reverse cycle ducted climate control to keep you comfortable year-round. Landscaping, fencing, and a rainwater system are included, with additional upgrades available. This is a prime chance to create your dream home in a thriving community.
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73%
$582K
4.3%
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-$12,572
4.4%
Asking Price
$639,900
Estimated Purchase Price
$655,000
Stamp Duty
$29,855
Transfer Fee
$6,179
Conveyancing
$1,226
Deposit (10%)
$65,500
Reg. Mortgage
$187
LMI Premium
$18,858
Renovation Costs
-
Total Cash/Equity Required
$122,355
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,947
$30,460
Interest Repayments
$38,907
$38,907
Net Cashflow Before Tax
-$17,960
-$8,447
Depreciation
-
-
Tax Offset
-$5,388
-$2,534
Net Cashflow After Tax
-$12,572
-$5,913
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$589,500
$589,500
$104,700
$665,448
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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
