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$370K
$71,861
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Try Picki for FREEConfidence
High
High
$400,000
Medium
$370,000
Low
$340,000
Confidence
Medium
Discover a new home within vibrant communities with Burbank House and Land packages. These homes promise a high standard of living, showcasing 6 to 7-star energy efficiency ratings and modern designs. Located conveniently with access to transport, shopping, schools, and parks, they offer the perfect blend of comfort and practicality. Enjoy fixed price contracts, premium inclusions, and a 30-year structural guarantee. Please note, images might include optional upgrades, and landscaping, fencing, and furniture are not included in the package. Burbank reserves the right to change details without notice.
Trusted by over 13k property buyers and counting...
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77.3%
$1.16M
4.2%
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Try Picki for FREE-$35,000
-$8,923
4.5%
Asking Price
$370,000
Estimated Purchase Price
$405,000
Stamp Duty
$16,580
Transfer Fee
$3,779
Conveyancing
$1,226
Deposit (10%)
$40,500
Reg. Mortgage
$187
LMI Premium
$9,040
Renovation Costs
-
Total Cash/Equity Required
$71,862
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,968
$2,568
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
$11,310
$16,748
Interest Repayments
$24,057
$24,057
Net Cashflow Before Tax
-$12,747
-$7,309
Depreciation
-
-
Tax Offset
-$3,824
-$2,193
Net Cashflow After Tax
-$8,923
-$5,116
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$395,160
$714,355
Loan Balance
I.O
$364,500
$364,500
$30,660
$349,855
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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 - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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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
