$629K
$117,472
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
$690,000
Medium
$665,000
Low
$640,000
Confidence
Medium
Discover an exquisite 3-bedroom home located on a 420m2 allotment in the desirable Blakes Crossing area. This modern property, built in 2016, features spacious bedrooms, dual living areas, and a stylish kitchen, ideal for families and investors. Enjoy comfort with a ducted reverse cycle AC, a double garage, and solar panels. The outdoor alfresco area is perfect for entertainment, surrounded by a low-maintenance yard. Conveniently located near schools, shopping centers, and public transport, this home offers a prime living experience in Blakeview.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
65.5%
$551K
5.3%
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-$10,000
-$13,404
4.2%
Asking Price
$675,000
Estimated Purchase Price
$675,000
Stamp Duty
$30,955
Transfer Fee
$6,371
Conveyancing
$1,226
Deposit (10%)
$67,500
Reg. Mortgage
$187
LMI Premium
$19,433
Renovation Costs
-
Total Cash/Equity Required
$126,222
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
$40,095
$40,095
Net Cashflow Before Tax
-$19,148
-$9,635
Depreciation
-
-
Tax Offset
-$5,744
-$2,891
Net Cashflow After Tax
-$13,404
-$6,745
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%
$710,220
$1,283,909
Loan Balance
I.O
$607,500
$607,500
$102,720
$676,409
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