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$670K
-
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Try Picki for FREEConfidence
High
High
$1,500,000
Medium
$1,375,000
Low
$1,250,000
Confidence
Medium
Discover this freshly painted, three-bedroom homette situated on the city fringe. With a secure front courtyard and generous rear garden, it offers both comfort and convenience. The open-plan living and dining area, complete with skylight and air conditioning, connects seamlessly to an elegantly updated kitchen featuring ample cabinetry and a dishwasher. Each bedroom boasts new carpeting and ceiling fans, while the main offers a built-in robe. A relaxing bathroom with a separate tub and WC, a functional laundry, and a verandah overlooking the backyard enhance this low-maintenance home. Additional perks include a lock-up garage, off-street parking, and proximity to public transport and amenities, perfect for those seeking a tranquil yet dynamic lifestyle.
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8%
51.8%
$825K
3.5%
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Try Picki for FREE$20,000
-$38,253
2.5%
Asking Price
-
Estimated Purchase Price
$1,355,000
Stamp Duty
$68,355
Transfer Fee
$12,899
Conveyancing
$1,226
Deposit (10%)
$135,500
Reg. Mortgage
$187
LMI Premium
$42,809
Renovation Costs
-
Total Cash/Equity Required
$261,526
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
$80,487
$80,487
Net Cashflow Before Tax
-$54,647
-$43,073
Depreciation
-
-
Tax Offset
-$16,394
-$12,922
Net Cashflow After Tax
-$38,253
-$30,151
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,468,500
$2,654,699
Loan Balance
I.O
$1,219,500
$1,219,500
$249,000
$1,435,199
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
