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$575K
$120,421
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$670,000
Medium
$645,000
Low
$620,000
Confidence
Medium
Discover modern living in this contemporary two-bedroom apartment, situated in a vibrant, city-fringe location. Boasting high-quality finishes, generous space, and energy-efficient design, this fully furnished unit is perfect for first-time buyers, small families, or investors seeking an excellent rental return. Highlights include gleaming timber floors, a high-quality kitchen with stainless steel appliances, and a stylish bathroom. Additional features include secure basement parking, lock-up storage, and close proximity to entertainment, dining, and public transportation. Built in 2019, the property is within walking distance to North Adelaide and is zoned for Adelaide High and Adelaide Botanic High School.
Trusted by over 13k property buyers and counting...
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34.6%
$620K
5%
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Try Picki for FREE$630,000
+
201.1%
Asking Price
$14,000
Estimated Purchase Price
$15,000
Stamp Duty
$180
Transfer Fee
$209
Conveyancing
$1,226
Deposit (10%)
$1,500
Reg. Mortgage
$187
LMI Premium
$259
Renovation Costs
-
Total Cash/Equity Required
$4,111
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,836
$2,396
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
$22,481
$32,632
Interest Repayments
$891
$891
Net Cashflow Before Tax
$21,590
$31,741
Depreciation
-
-
Tax Offset
$6,477
$9,522
Net Cashflow After Tax
$15,113
$22,219
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$688,860
$1,245,295
Loan Balance
I.O
$13,500
$13,500
$675,360
$1,231,795
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Manufacturing - 11.0%
Construction - 9.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
