Withheld
$1,776
Unlock Appraised Value
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Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
This solid brick unit offers modern comforts in a convenient location, perfect for retirees, first-home buyers, or investors. Built in 1977 and updated, it features two spacious bedrooms with built-in robes, a comfortable lounge with air conditioning, and a kitchen by David Hurst. The property includes a paved patio, garden shed, modular rainwater tank, and electric roller shutters. Situated close to Gawler's train station and shopping precinct, it promises a rental return of $400-$450 per week.
Trusted by over 13k property buyers and counting...
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50%
$553K
4.7%
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Try Picki for FREE$10,000
-$7,403
5.1%
Asking Price
$445,000
Estimated Purchase Price
$425,000
Stamp Duty
$17,580
Transfer Fee
$3,971
Conveyancing
$1,226
Deposit (10%)
$42,500
Reg. Mortgage
$187
LMI Premium
$9,486
Renovation Costs
-
Total Cash/Equity Required
$75,500
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
$25,245
$25,245
Net Cashflow Before Tax
-$10,576
-$3,715
Depreciation
-
-
Tax Offset
-$3,173
-$1,115
Net Cashflow After Tax
-$7,403
-$2,601
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$464,580
$839,850
Loan Balance
I.O
$382,500
$382,500
$82,080
$457,350
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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...
Try Picki for FREEAverage Population
projected
for 2025 to 2027
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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