$870K
$163,885
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Try Picki for FREEConfidence
High
High
$890,000
Medium
$860,000
Low
$830,000
Confidence
Medium
Welcome to 132 Cedar Avenue, Royal Park – a perfect mix of style and comfort. This home is designed for modern families with a spacious, open-plan layout, including a bright living and dining area. The heart is a stylish kitchen with quality appliances and ample storage. It features four bedrooms, with the master having an ensuite, and another modern bathroom for the family. Enjoy year-round comfort with ducted heating, cooling, and additional air conditioners. A second living room and a beautiful outdoor verandah offer extra space. The secure double garage and low-maintenance gardens add convenience. Located close to Westfield West Lakes and just a short distance from parks, schools, and beaches, this home is in a prime spot for living and exploring.
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61.1%
$870K
2.9%
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Try Picki for FREE$55,000
-$15,384
4.2%
Asking Price
$805,000
Estimated Purchase Price
$805,000
Stamp Duty
$38,105
Transfer Fee
$7,619
Conveyancing
$1,226
Deposit (10%)
$80,500
Reg. Mortgage
$187
LMI Premium
$23,176
Renovation Costs
-
Total Cash/Equity Required
$151,363
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
$47,817
$47,817
Net Cashflow Before Tax
-$21,977
-$10,403
Depreciation
-
-
Tax Offset
-$6,593
-$3,121
Net Cashflow After Tax
-$15,384
-$7,282
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$724,500
$724,500
$193,980
$935,893
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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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projected
for 2024 to 2026
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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