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Withheld
$186,173
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Medium
This prime piece of land in the lively suburb of Woodville Park offers a fantastic opportunity to design and build your dream home. The flat, rectangular block measures 444 sqm with dimensions of 18.29m x 24.25m. Its unique hammerhead design ensures security and privacy. Ideally positioned near public transport, shopping centers, schools, and medical facilities, this parcel is ready for immediate action, with utilities initiated and a new Colourbond fence installed.
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Try Picki for FREELocation, 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
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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
Below are some similar properties in the area you may be interested in.
5.4%
67.6%
$1.05M
2.7%
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Try Picki for FREE$65,000
-$29,587
2.4%
Asking Price
-
Estimated Purchase Price
$985,000
Stamp Duty
$48,005
Transfer Fee
$9,347
Conveyancing
$1,226
Deposit (10%)
$98,500
Reg. Mortgage
$187
LMI Premium
$28,358
Renovation Costs
-
Total Cash/Equity Required
$186,173
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,241
$23,751
Interest Repayments
$58,509
$58,509
Net Cashflow Before Tax
-$42,268
-$34,758
Depreciation
-
-
Tax Offset
-$12,680
-$10,427
Net Cashflow After Tax
-$29,587
-$24,330
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$886,500
$886,500
$234,900
$1,140,724
