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$449K
$90,078
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
Medium
This appealing 2-bedroom unit in the heart of Willaston presents unique features such as street frontage with driveway access from Ayling Street, alongside fully fenced front and rear yards. The property includes two spacious double bedrooms with built-in robes and ceiling fans, a modern bathroom with a separate toilet, and an open-plan lounge and dining area. The kitchen, designed for practicality, offers ample storage space. Enjoy comfort with reverse cycle heating and cooling, and take advantage of the secure carport with access to the rear yard. The unit boasts beautifully maintained gardens with choices for entertaining areas and is currently tenanted until April 2025 at $360 per week.
Trusted by over 13k property buyers and counting...
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64.5%
$508K
5.3%
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Try Picki for FREE-$20,000
-$10,618
4.2%
Asking Price
$449,000
Estimated Purchase Price
$470,000
Stamp Duty
$19,830
Transfer Fee
$4,355
Conveyancing
$1,226
Deposit (10%)
$47,000
Reg. Mortgage
$187
LMI Premium
$10,491
Renovation Costs
-
Total Cash/Equity Required
$83,639
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
$1,968
$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
$12,749
$18,797
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$15,169
-$9,121
Depreciation
-
-
Tax Offset
-$4,551
-$2,736
Net Cashflow After Tax
-$10,618
-$6,385
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$423,000
$423,000
$57,600
$445,810
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 - 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 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
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