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$479K
$96,573
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$690,000
Medium
$665,000
Low
$640,000
Confidence
Medium
This 4-year-old Torrens Title home in Evanston South combines modern design with low-maintenance living. Situated across from a tranquil reserve, it's a short drive to Gawler Green Shopping Centre and Trinity College. Perfect for investors and first-time homebuyers, the house features a main bedroom with an ensuite and walk-in robe, additional bedrooms with built-in robes, open-plan living, a well-equipped kitchen, study nook, ducted air-conditioning, and a single-car garage with a private yard.
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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
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
0%
61.9%
$585K
4.9%
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Try Picki for FREE$125,000
-$6,809
5.6%
Asking Price
$479,000
Estimated Purchase Price
$540,000
Stamp Duty
$23,530
Transfer Fee
$5,027
Conveyancing
$1,226
Deposit (10%)
$54,000
Reg. Mortgage
$187
LMI Premium
$12,053
Renovation Costs
-
Total Cash/Equity Required
$96,573
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
$1,968
$2,568
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
$22,349
$32,460
Interest Repayments
$32,076
$32,076
Net Cashflow Before Tax
-$9,727
$384
Depreciation
-
-
Tax Offset
-$2,918
$115
Net Cashflow After Tax
-$6,809
$269
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$710,220
$1,283,909
Loan Balance
I.O
$486,000
$486,000
$224,220
$797,909
