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$325K
$53,892
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Try Picki for FREEConfidence
Medium
High
$240,000
Medium
$200,000
Low
$160,000
Confidence
Low
This charming single-story cottage offers a delightful living space with two bedrooms and an open-plan design. The home has been fully updated with modern appliances, ensuring a smooth transition for new owners. Set back from the river, the property features a 9m x 6m shed equipped with concrete flooring, lights, power, and a substantial solar system. The fully enclosed, low-maintenance garden enhances the home's appeal, having been meticulously renovated by the current owners to provide a hassle-free living experience.
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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
Agriculture, Forestry and Fishing - 26.0%
Retail Trade - 9.0%
Accommodation and Food Services - 8.0%
Public Administration and Safety - 7.0%
Others - 50.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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%
80%
-
-
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Try Picki for FREE$5,000
-$11,579
-
Asking Price
-
Estimated Purchase Price
$195,000
Stamp Duty
$6,630
Transfer Fee
$1,763
Conveyancing
$1,226
Deposit (10%)
$19,500
Reg. Mortgage
$187
LMI Premium
$3,364
Renovation Costs
-
Total Cash/Equity Required
$33,220
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,438
$1,876
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
-$4,959
-$6,470
Interest Repayments
$11,583
$11,583
Net Cashflow Before Tax
-$16,542
-$18,053
Depreciation
-
-
Tax Offset
-$4,963
-$5,416
Net Cashflow After Tax
-$11,579
-$12,637
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$213,600
$386,138
Loan Balance
I.O
$175,500
$175,500
$38,100
$210,638
