The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$152,282
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
$920,000
Medium
$820,000
Low
$720,000
Confidence
Medium
Discover the epitome of comfort and style in McLaren Flat, where a 2005-built, steel-frame executive home awaits you. Spanning 1,008 sqm, this captivating property features beautifully manicured gardens, a luxurious corner spa in the master ensuite, and an open-plan kitchen with seamless indoor-outdoor flow. With up to five bedrooms and a versatile office space, it's perfect for growing families. Enjoy year-round entertaining in the enclosed outdoor area, or relax in the salt-chlorinated solar-heated pool with a Bali-style hut for retreats. Additional amenities include ducted heating, cooling, ample parking, back-to-grid solar panels, and a convenient location near schools and shopping. Experience luxury living in South Australia's premier wine region.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
92.8%
$940K
2.9%
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
-$22,223
2.9%
Asking Price
-
Estimated Purchase Price
$810,000
Stamp Duty
$38,380
Transfer Fee
$7,619
Conveyancing
$1,226
Deposit (10%)
$81,000
Reg. Mortgage
$187
LMI Premium
$23,320
Renovation Costs
-
Total Cash/Equity Required
$152,282
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
$1,710
$2,231
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
$16,367
$23,916
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$31,747
-$24,198
Depreciation
-
-
Tax Offset
-$9,524
-$7,259
Net Cashflow After Tax
-$22,223
-$16,939
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%
$875,760
$1,583,166
Loan Balance
I.O
$729,000
$729,000
$146,760
$854,166
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
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
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
