$874K
$164,900
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$870,000
Low
$840,000
Confidence
Medium
Discover an exceptional opportunity to construct your ideal family home on a rare 286 sqm plot in Royal Park. This prime location provides easy access to local amenities, including schools, sports and health clubs, shopping centers, public transport, and dining options. Offered by HPG Homes, a trusted South Australian builder operating for 25 years, this property offers a customizable floorplan with modern features such as 2.7m ceiling height, 7 Star Energy compliance, stainless steel appliances, and more. Note that this house is yet to be built, providing flexibility and customization to match your lifestyle.
Trusted by over 13k property buyers and counting...
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61.1%
$870K
2.9%
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Try Picki for FREE-$5,000
-$21,654
3.3%
Asking Price
$874,000
Estimated Purchase Price
$875,000
Stamp Duty
$41,955
Transfer Fee
$8,291
Conveyancing
$1,226
Deposit (10%)
$87,500
Reg. Mortgage
$187
LMI Premium
$25,191
Renovation Costs
-
Total Cash/Equity Required
$164,900
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
$1,836
$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
$21,041
$30,583
Interest Repayments
$51,975
$51,975
Net Cashflow Before Tax
-$30,934
-$21,392
Depreciation
-
-
Tax Offset
-$9,280
-$6,418
Net Cashflow After Tax
-$21,654
-$14,975
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$929,160
$1,679,700
Loan Balance
I.O
$787,500
$787,500
$141,660
$892,200
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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
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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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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