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$670K
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,450,000
Medium
$1,350,000
Low
$1,250,000
Confidence
Medium
Discover a charming and freshly painted three-bedroom homette, perfect for modern living. Situated on the city fringe, it features open-plan living with a bright skylight, a well-updated kitchen, a spacious backyard with a verandah, and convenient access to the vibrant city and local amenities. Comfort is enhanced with new carpets, ceiling fans, and a private backyard view from the main bedroom. Ideal for a dynamic lifestyle, offering secure parking, a courtyard, and proximity to schools and public transport.
Trusted by over 13k property buyers and counting...
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51.8%
$825K
3.5%
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Try Picki for FREE$20,000
-$37,213
2.5%
Asking Price
-
Estimated Purchase Price
$1,330,000
Stamp Duty
$66,980
Transfer Fee
$12,611
Conveyancing
$1,226
Deposit (10%)
$133,000
Reg. Mortgage
$187
LMI Premium
$42,020
Renovation Costs
-
Total Cash/Equity Required
$256,574
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$25,840
$37,414
Interest Repayments
$79,002
$79,002
Net Cashflow Before Tax
-$53,162
-$41,588
Depreciation
-
-
Tax Offset
-$15,948
-$12,476
Net Cashflow After Tax
-$37,213
-$29,112
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,197,000
$1,197,000
$244,800
$1,409,431
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
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
