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Withheld
$1,776
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Try Picki for FREEConfidence
High
High
$1,020,000
Medium
$975,000
Low
$930,000
Confidence
Medium
Nestled in the exquisite McLaren Flat region, this expansive 1,474sqm property offers over 300sqm of intelligently designed living space. With its proximity to wineries, schools, and transport, the home provides an enriched lifestyle balance of space and accessibility. Highlights include a private master suite with spa bath, four additional well-appointed bedrooms with ample storage, a formal lounge with a gas fireplace, and an open-plan living area highlighted by a modern kitchen with a butler's pantry. Outside, the residence boasts an undercover entertainment deck, an inground swimming pool, and a temperature-controlled wine cellar. Newly equipped with 10kW solar panels and NBN FTTP, this property guarantees comfort and efficiency. Positioned in a quiet cul-de-sac, relish the blend of rural charm and modern amenities at this rare McLaren Flat offering.
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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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
92.8%
$940K
2.9%
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Try Picki for FREE$15,000
-$21,740
3.5%
Asking Price
-
Estimated Purchase Price
$960,000
Stamp Duty
$46,630
Transfer Fee
$9,059
Conveyancing
$1,226
Deposit (10%)
$96,000
Reg. Mortgage
$187
LMI Premium
$27,639
Renovation Costs
-
Total Cash/Equity Required
$181,291
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
$1,710
$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
$25,966
$37,578
Interest Repayments
$57,024
$57,024
Net Cashflow Before Tax
-$31,058
-$19,446
Depreciation
-
-
Tax Offset
-$9,317
-$5,834
Net Cashflow After Tax
-$21,740
-$13,612
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,041,300
$1,882,423
Loan Balance
I.O
$864,000
$864,000
$177,300
$1,018,423
