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$395K
$79,138
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Try Picki for FREEConfidence
Medium
High
$460,000
Medium
$420,000
Low
$380,000
Confidence
Low
This superb unit stands out for those seeking low-maintenance living or an attractive investment. Located 10 minutes from Westfield Marion and Flinders University, and 30 minutes from the city center, it's in a high-demand area. Featuring two large bedrooms, a master with built-in wardrobe, spacious living, and a kitchen-dining area with ample storage. Equipped with new ducted reverse cycle air conditioning and double-glazed windows along with soundproof doors for year-round comfort. Currently rented at $320/week until March 2025, offering a strong investment potential.
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55.5%
$726K
4%
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Try Picki for FREE-$15,000
-$8,982
4.5%
Asking Price
$405,000
Estimated Purchase Price
$435,000
Stamp Duty
$18,080
Transfer Fee
$4,067
Conveyancing
$1,226
Deposit (10%)
$43,500
Reg. Mortgage
$187
LMI Premium
$9,709
Renovation Costs
-
Total Cash/Equity Required
$77,319
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,710
$2,231
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
$13,007
$19,134
Interest Repayments
$25,839
$25,839
Net Cashflow Before Tax
-$12,832
-$6,705
Depreciation
-
-
Tax Offset
-$3,849
-$2,012
Net Cashflow After Tax
-$8,982
-$4,694
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$391,500
$391,500
$57,060
$419,390
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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
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
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
