The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
Withheld
$125,207
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
Medium
High
$740,000
Medium
$680,000
Low
$620,000
Confidence
Not Found
Beautifully positioned in Hillbank, this 481 sqm allotment offers a unique opportunity to build your dream 4-bedroom, 2-bathroom home with a double garage. Development approval is secured, and the vendor is ready to provide all existing plans. Located in a quiet street, it's close to amenities. The Elizabeth Shopping Centre and public transport are conveniently nearby. Enjoy proximity to local parks, including Sanctuary Rise Reserve Playground just 500m away. Nearby schools include St Thomas More School, Elizabeth Park, and Pinnacle College Elizabeth East Primary School.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
75.5%
$625K
5.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$10,000
-$33,338
-
Asking Price
-
Estimated Purchase Price
$710,000
Stamp Duty
$32,880
Transfer Fee
$6,659
Conveyancing
$1,226
Deposit (10%)
$71,000
Reg. Mortgage
$187
LMI Premium
$20,441
Renovation Costs
-
Total Cash/Equity Required
$132,943
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$5,451
-$7,112
Interest Repayments
$42,174
$42,174
Net Cashflow Before Tax
-$47,625
-$49,286
Depreciation
-
-
Tax Offset
-$14,288
-$14,786
Net Cashflow After Tax
-$33,338
-$34,500
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$639,000
$639,000
$129,960
$751,097
Below are some similar properties in the area you may be interested in.
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
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 FREEAverage Population
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
