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$235K
$34,901
Unlock Appraised Value
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Try Picki for FREEConfidence
Medium
High
$300,000
Medium
$270,000
Low
$240,000
Confidence
Low
Discover a rare opportunity in Alford's main street: a 3-bedroom, 2-bathroom home with 3 toilets, perfect for customization. While requiring some TLC, it offers a solid foundation for renovation. The kitchen is ready for a modern upgrade, and the generous bedrooms are ideal for families or those needing extra space. Set on a 1000sqm lot, enjoy rural serenity and outdoor activities. A prime chance to craft your dream home in the countryside.
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82.7%
$339K
5.5%
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Try Picki for FREE$10,000
-$1,729
7.6%
Asking Price
$295,000
Estimated Purchase Price
$260,000
Stamp Duty
$9,430
Transfer Fee
$2,339
Conveyancing
$1,226
Deposit (10%)
$26,000
Reg. Mortgage
$187
LMI Premium
$4,486
Renovation Costs
-
Total Cash/Equity Required
$44,218
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,743
$2,274
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
$12,974
$19,091
Interest Repayments
$15,444
$15,444
Net Cashflow Before Tax
-$2,470
$3,647
Depreciation
-
-
Tax Offset
-$741
$1,094
Net Cashflow After Tax
-$1,729
$2,553
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$288,360
$521,286
Loan Balance
I.O
$234,000
$234,000
$54,360
$287,286
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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 - 39.0%
Health Care and Social Assistance - 17.0%
Education and Training - 7.0%
Accommodation and Food Services - 6.0%
Others - 31.0%
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)
No data available
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Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
