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$559K
$104,949
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$610,000
Low
$570,000
Confidence
Medium
Presented by Andrew Rose of LJ Hooker, this cozy 3-bedroom house is perfect for investors, first-time buyers, or those looking to downsize. Built in 2009 on a 319m2 plot with a community title, it features built-in robes, an open-plan kitchen with a breakfast bar, and low-maintenance gardens with a verandah. Heating, cooling, and easy access to the Northern Expressway make it ideal for city commuters. Conveniently located near schools, shopping, and amenities, the property is currently tenanted at $450 per week until May 2025 with an estimated rental assessment of $490-520 per week.
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54.2%
$561K
5%
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Try Picki for FREE$25,000
-$9,838
4.8%
Asking Price
$559,000
Estimated Purchase Price
$565,000
Stamp Duty
$24,905
Transfer Fee
$5,315
Conveyancing
$1,226
Deposit (10%)
$56,500
Reg. Mortgage
$187
LMI Premium
$16,266
Renovation Costs
-
Total Cash/Equity Required
$104,949
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
$33,561
$33,561
Net Cashflow Before Tax
-$14,054
-$5,150
Depreciation
-
-
Tax Offset
-$4,216
-$1,545
Net Cashflow After Tax
-$9,838
-$3,605
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Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$508,500
$508,500
$121,620
$630,607
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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
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Trusted by over 13,000 property buyers and counting...
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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
