$495K
$89,096
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
$700,000
Medium
$670,000
Low
$640,000
Confidence
Medium
Experience modern living with this inviting 3-bedroom home, featuring a state-of-the-art kitchen equipped with stainless steel appliances and overhead cupboards. Enjoy the convenience of a garage with internal access. The property boasts R6.0 insulation throughout, including the garage, and offers energy-efficient solar panels with a battery system. With allowances for laminated timber flooring and ducted reverse cycle air conditioning, comfort and style are at your fingertips. Note that land availability and suitability for building is not guaranteed by the seller, and home designs are subject to final council approval.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.9%
66.7%
$630K
4.1%
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$220,000
-$4,048
6.4%
Asking Price
$449,000
Estimated Purchase Price
$450,000
Stamp Duty
$18,830
Transfer Fee
$4,163
Conveyancing
$1,226
Deposit (10%)
$45,000
Reg. Mortgage
$187
LMI Premium
$10,044
Renovation Costs
-
Total Cash/Equity Required
$80,000
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,947
$30,460
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$5,783
$3,730
Depreciation
-
-
Tax Offset
-$1,735
$1,119
Net Cashflow After Tax
-$4,048
$2,611
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%
$715,560
$1,293,562
Loan Balance
I.O
$405,000
$405,000
$310,560
$888,562
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
Health Care and Social Assistance - 22.0%
Retail Trade - 14.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 42.0%
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