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Withheld
$227,145
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,300,000
Medium
$1,200,000
Low
$1,100,000
Confidence
Medium
This classic 3-bedroom c.1910 Villa, nestled on a 502m² lot, offers a charming opportunity for renovation enthusiasts. Full of character, with high ceilings and original timber floors hidden beneath carpets, the home demands restoration to unlock its true potential. It features a central lounge room with a fireplace, a kitchen with an updated stove and rangehood, and three traditional bedrooms, two with fireplaces. Outside, a carport, garage, and two sheds add practicality. Located just under 3km from the CBD, this property promises convenience with nearby schools, shops, and transport links, making it a desirable city fringe location.
Trusted by over 13k property buyers and counting...
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52.6%
$695K
3.7%
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Try Picki for FREE$20,000
-$34,518
2.4%
Asking Price
-
Estimated Purchase Price
$1,180,000
Stamp Duty
$58,730
Transfer Fee
$11,171
Conveyancing
$1,226
Deposit (10%)
$118,000
Reg. Mortgage
$187
LMI Premium
$37,281
Renovation Costs
-
Total Cash/Equity Required
$227,145
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$2,096
$2,735
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
$20,781
$30,243
Interest Repayments
$70,092
$70,092
Net Cashflow Before Tax
-$49,311
-$39,849
Depreciation
-
-
Tax Offset
-$14,793
-$11,955
Net Cashflow After Tax
-$34,518
-$27,894
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,281,600
$2,316,828
Loan Balance
I.O
$1,062,000
$1,062,000
$219,600
$1,254,828
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 14.0%
Accommodation and Food Services - 9.0%
Education and Training - 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
