Withheld
$1,776
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
High
High
$680,000
Medium
$650,000
Low
$620,000
Confidence
Medium
This low-maintenance family home, built in 2021, sits on a 300sqm allotment. With four spacious bedrooms, it caters to growing families, first-time buyers, or investors. The open-plan layout includes a modern kitchen with a large gas cooktop and abundant storage. The master bedroom features an ensuite and walk-in robe. Enjoy year-round comfort with heating and cooling systems and outdoor entertaining in the rear alfresco area. The property is near essential amenities like Kalara Reserve, Eyre Shopping Complex, and reputable schools like St Columba College. Currently tenanted at $560 per week until June 2025, this home promises both comfort and convenience.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
62%
$490K
5.8%
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$70,000
-$8,446
5.2%
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
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
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
$22,387
$32,509
Interest Repayments
$34,452
$34,452
Net Cashflow Before Tax
-$12,065
-$1,943
Depreciation
-
-
Tax Offset
-$3,620
-$583
Net Cashflow After Tax
-$8,446
-$1,360
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%
$694,200
$1,254,948
Loan Balance
I.O
$522,000
$522,000
$172,200
$732,948
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