$670K
$137,826
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Try Picki for FREEConfidence
High
High
$980,000
Medium
$900,000
Low
$820,000
Confidence
Medium
This charming, freshly painted three-bedroom homette offers a spacious lifestyle with a secure front courtyard and a generous rear garden. The open-plan living and dining area boasts a skylight and air conditioning, while the kitchen features ample cabinetry and a dishwasher. Three bedrooms feature new carpeting and ceiling fans, with the main bedroom offering a built-in robe. The bathroom includes a separate bathtub and WC for privacy. The laundry has external access and a linen cupboard. A sizable verandah overlooks a generous rear garden with grass, a storage shed, and garden beds with fruit trees. Additional conveniences include a lock-up garage and off-street parking. Nestled on the city fringe, the property balances urban convenience with suburban tranquility—close to shopping centers, parks, schools, and public transport.
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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
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...
Try Picki for FREEAverage Population
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
8%
52.8%
$825K
3.5%
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Try Picki for FREE$15,000
-$27,781
2.2%
Asking Price
-
Estimated Purchase Price
$885,000
Stamp Duty
$42,505
Transfer Fee
$8,387
Conveyancing
$1,226
Deposit (10%)
$88,500
Reg. Mortgage
$187
LMI Premium
$25,479
Renovation Costs
-
Total Cash/Equity Required
$166,834
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
$1,836
$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
$12,881
$18,969
Interest Repayments
$52,569
$52,569
Net Cashflow Before Tax
-$39,688
-$33,600
Depreciation
-
-
Tax Offset
-$11,906
-$10,080
Net Cashflow After Tax
-$27,781
-$23,520
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$961,200
$1,737,621
Loan Balance
I.O
$796,500
$796,500
$164,700
$941,121