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$720K
$130,090
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Medium
Located in the charming Church Hill precinct, this 1930 Tuder-style bungalow features three expansive bedrooms and versatile living spaces, including a cozy family room. With a spacious timber kitchen flaunting stone benchtops, the property exudes vintage appeal through high ornate ceilings and polished Jarrah floors. Modern comforts include reverse cycle ducted air conditioning and a 7.92kW solar system. Outside, enjoy easy-care gardens and mature fruit trees from the full-length paved verandah. Set on a 477m² lot, this home benefits from a large carport for two cars and a handy toolshed.
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75%
$591K
212.8%
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Try Picki for FREE-$25,000
-$19,045
3.1%
Asking Price
$720,000
Estimated Purchase Price
$705,000
Stamp Duty
$32,605
Transfer Fee
$6,659
Conveyancing
$1,226
Deposit (10%)
$70,500
Reg. Mortgage
$187
LMI Premium
$20,297
Renovation Costs
-
Total Cash/Equity Required
$132,024
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,968
$2,568
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
$14,669
$21,530
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$27,208
-$20,347
Depreciation
-
-
Tax Offset
-$8,162
-$6,104
Net Cashflow After Tax
-$19,045
-$14,243
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$634,500
$634,500
$91,740
$678,369
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
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
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
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