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$975K
$165,819
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,180,000
Medium
$1,060,000
Low
$960,000
Confidence
Medium
61 Russell Terrace is an immaculately maintained c.1890s villa in a vibrant West neighborhood. This charming symmetrical villa sits on a 650sqm lot with dual driveways, adorned with a custom built pillar fence and remote-controlled gates. Inside, discover dark wash hardwood floors, high ceilings, and feature fireplaces in the three generous bedrooms and formal lounge. The modern kitchen and open-plan dining area blend seamlessly with the updated bathroom, featuring a clawfoot tub. Outdoors, enjoy a massive rumpus room and lush lawns perfect for entertaining. Located in proximity to schools, parks, and transport options, this property offers historic charm with modern convenience.
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60.8%
$845K
4%
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Try Picki for FREE$1,035,000
+
131.0%
Asking Price
$26,000
Estimated Purchase Price
$25,000
Stamp Duty
$380
Transfer Fee
$230
Conveyancing
$1,226
Deposit (10%)
$2,500
Reg. Mortgage
$187
LMI Premium
$431
Renovation Costs
-
Total Cash/Equity Required
$5,504
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,760
$46,628
Property Management
+7.7% PA
$2,523
$3,590
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
$24,880
$36,048
Interest Repayments
$1,485
$1,485
Net Cashflow Before Tax
$23,395
$34,563
Depreciation
-
-
Tax Offset
$7,019
$10,369
Net Cashflow After Tax
$16,377
$24,194
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,132,080
$2,046,531
Loan Balance
I.O
$22,500
$22,500
$1,109,580
$2,024,031
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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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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
