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Withheld
$115,538
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$660,000
Low
$630,000
Confidence
Medium
Located at 106-108 Haydown Road, Elizabeth Vale, this strategic landholding offers prime development potential near the newly redeveloped Lyell McEwin Hospital. Zoned as part of the Strategic Innovation Commercial Zone, this 1120m2 parcel features a 3-bedroom, 1-bathroom residence and is ideally positioned for leveraging the emerging Playford Health Precinct. The property provides flexibility with various approved uses such as consulting rooms, educational facilities, and more. Ideal for developers looking to capitalize on the area's infrastructure growth and increasing foot traffic.
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66.7%
$690K
4%
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Try Picki for FREE$40,000
-$12,125
4.4%
Asking Price
-
Estimated Purchase Price
$620,000
Stamp Duty
$27,930
Transfer Fee
$5,795
Conveyancing
$1,226
Deposit (10%)
$62,000
Reg. Mortgage
$187
LMI Premium
$17,850
Renovation Costs
-
Total Cash/Equity Required
$115,538
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,507
$28,411
Interest Repayments
$36,828
$36,828
Net Cashflow Before Tax
-$17,321
-$8,417
Depreciation
-
-
Tax Offset
-$5,196
-$2,525
Net Cashflow After Tax
-$12,125
-$5,892
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$558,000
$558,000
$146,880
$716,255
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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
