$369K
$67,265
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Try Picki for FREEConfidence
Medium
High
$420,000
Medium
$379,000
Low
$340,000
Confidence
Low
This charming property features two spacious double bedrooms with inviting Baltic pine floorboards. A comfortable lounge offers a reverse cycle split system and the separate dining area is perfect for entertaining. The updated galley kitchen has modern appliances and plenty of storage. Updated bathroom and laundry present contemporary conveniences. A private deck, surrounded by low-maintenance gardens, offers a peaceful retreat. Located within walking distance of schools and the main street, this home blends privacy with convenience.
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72.3%
$430K
4.2%
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Try Picki for FREE-$5,000
-$8,072
4.7%
Asking Price
$379,000
Estimated Purchase Price
$385,000
Stamp Duty
$15,580
Transfer Fee
$3,587
Conveyancing
$1,226
Deposit (10%)
$38,500
Reg. Mortgage
$187
LMI Premium
$8,593
Renovation Costs
-
Total Cash/Equity Required
$68,223
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
Rates
+3.0% PA
$1,940
$2,531
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
$11,338
$16,784
Interest Repayments
$22,869
$22,869
Net Cashflow Before Tax
-$11,531
-$6,085
Depreciation
-
-
Tax Offset
-$3,459
-$1,825
Net Cashflow After Tax
-$8,072
-$4,259
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$346,500
$346,500
$59,340
$387,162
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 18.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 11.0%
Retail Trade - 11.0%
Others - 48.0%
Average Income
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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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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