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$300K
$51,191
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$380,000
Medium
$350,000
Low
$320,000
Confidence
Medium
Discover this solid brick unit ideal for young families, first-time buyers, or investors. With two spacious bedrooms, the unit offers a comfortable living environment. The property features split-system air conditioning, ample kitchen storage, and a combined bathroom and laundry. Its prime location near schools, shopping centers, and hospitals adds to its appeal. Tenanted until February 2025 at $250 per week, there's potential to increase rent to $340-$360 per week. Enjoy the convenience of designated parking, instant gas hot water, and easy access to key transport links.
Trusted by over 13k property buyers and counting...
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14.2%
$283K
7.1%
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Try Picki for FREE$50,000
-$1,967
7.3%
Asking Price
$300,000
Estimated Purchase Price
$300,000
Stamp Duty
$11,330
Transfer Fee
$2,723
Conveyancing
$1,226
Deposit (10%)
$30,000
Reg. Mortgage
$187
LMI Premium
$5,176
Renovation Costs
-
Total Cash/Equity Required
$51,192
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
$1,628
$2,124
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
$15,009
$21,973
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
-$2,811
$4,153
Depreciation
-
-
Tax Offset
-$843
$1,246
Net Cashflow After Tax
-$1,967
$2,907
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$373,800
$675,741
Loan Balance
I.O
$270,000
$270,000
$103,800
$405,741
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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
Manufacturing - 15.0%
Public Administration and Safety - 13.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Others - 53.0%
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
