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$600K
$112,685
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$640,000
Medium
$615,000
Low
$590,000
Confidence
Medium
Explore this charming 3-bedroom, 2-bathroom property in a quiet court location. Perfect for first-time buyers, downsizers, or investors. Enjoy spacious bedrooms with built-in robes, a stunning kitchen with a breakfast bar, and a large open-plan living area. Features include ducted reverse cycle air conditioning, a double garage with drive-through access, and a large outdoor verandah. This low-maintenance home also offers a rainwater tank and freshly landscaped gardens, making it a wonderful opportunity in a popular location.
Trusted by over 13k property buyers and counting...
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47.4%
$570K
4.7%
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Try Picki for FREE-$10,000
-$12,333
4.3%
Asking Price
$620,000
Estimated Purchase Price
$625,000
Stamp Duty
$28,205
Transfer Fee
$5,891
Conveyancing
$1,226
Deposit (10%)
$62,500
Reg. Mortgage
$187
LMI Premium
$17,994
Renovation Costs
-
Total Cash/Equity Required
$116,553
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
$37,125
$37,125
Net Cashflow Before Tax
-$17,618
-$8,714
Depreciation
-
-
Tax Offset
-$5,285
-$2,614
Net Cashflow After Tax
-$12,333
-$6,100
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$656,820
$1,187,374
Loan Balance
I.O
$562,500
$562,500
$94,320
$624,874
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
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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
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