Withheld
$88,234
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$530,000
Medium
$505,000
Low
$480,000
Confidence
Medium
Discover a charming three-bedroom home in the thriving suburb of Elizabeth Grove, freshly painted and newly floored. The property boasts a substantial 559m2 block and a 170m2 build. Enjoy a tranquil living area with a reverse cycle air conditioner and fireplace. Spacious bedrooms have new carpets, while a modern kitchen comes with ample cabinetry and a Pura tap. Outdoors, find a shaded entertainment area and a large backyard leading to a 38m2 shed. Conveniently located near parks, schools, and transit, this property offers great potential for living or rental.
Trusted by over 13k property buyers and counting...
Try Picki for FREE31.4%
30.5%
$449K
6.4%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$10,000
-$6,927
5.5%
Asking Price
-
Estimated Purchase Price
$495,000
Stamp Duty
$21,080
Transfer Fee
$4,643
Conveyancing
$1,226
Deposit (10%)
$49,500
Reg. Mortgage
$187
LMI Premium
$11,049
Renovation Costs
-
Total Cash/Equity Required
$88,235
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
Rates
+3.0% PA
$1,930
$2,518
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
$19,507
$28,411
Interest Repayments
$29,403
$29,403
Net Cashflow Before Tax
-$9,896
-$992
Depreciation
-
-
Tax Offset
-$2,969
-$298
Net Cashflow After Tax
-$6,927
-$695
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$539,340
$974,998
Loan Balance
I.O
$445,500
$445,500
$93,840
$529,498
Below are some similar properties in the area you may be interested in.
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 - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
Average Income
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 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