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$580K
$108,817
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$650,000
Medium
$610,000
Low
$570,000
Confidence
Medium
Discover a modern villa offered by Tony Minopoulos and the Ray White Craigmore team. Built in 2018, this 3-bedroom, 2-bathroom home is an ideal first home or investment opportunity. Key features include a deluxe kitchen with stainless steel appliances, open plan living areas, reverse cycle air conditioning, and a 1,000-litre rainwater tank. Situated on a 270m2 allotment, the property has landscaped gardens and easy access to local amenities. Currently leased at $435 per week until May 2025, this well-presented home promises convenience and comfort.
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54.2%
$561K
5%
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Try Picki for FREE$30,000
-$10,462
4.7%
Asking Price
$580,000
Estimated Purchase Price
$580,000
Stamp Duty
$25,730
Transfer Fee
$5,411
Conveyancing
$1,226
Deposit (10%)
$58,000
Reg. Mortgage
$187
LMI Premium
$16,698
Renovation Costs
-
Total Cash/Equity Required
$107,802
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+7.7% PA
$2,082
$2,963
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
$19,507
$28,411
Interest Repayments
$34,452
$34,452
Net Cashflow Before Tax
-$14,945
-$6,041
Depreciation
-
-
Tax Offset
-$4,484
-$1,812
Net Cashflow After Tax
-$10,462
-$4,229
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$651,480
$1,177,721
Loan Balance
I.O
$522,000
$522,000
$129,480
$655,721
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
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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
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