Withheld
$79,138
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Try Picki for FREEConfidence
Medium
High
$480,000
Medium
$450,000
Low
$420,000
Confidence
High
Discover this stunning 4-bedroom home presented by Raine and Horne Gawler Munno Para Salisbury. The modern property boasts a spacious open-plan living and dining area, perfect for family gatherings or entertaining guests. The low-maintenance backyard includes an alfresco area for outdoor enjoyment. Each bedroom is generously sized, with the master bedroom featuring a walk-in robe and ensuite. Located on a quiet street, the home is close to schools, parks, and shopping centers, making it ideal for families, first-time buyers, or investors. The property is currently tenanted, offering an immediate income stream for investors.
Trusted by over 13k property buyers and counting...
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88.5%
$351K
8.2%
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-$4,384
6.2%
Asking Price
-
Estimated Purchase Price
$450,000
Stamp Duty
$18,830
Transfer Fee
$4,163
Conveyancing
$1,226
Deposit (10%)
$45,000
Reg. Mortgage
$187
LMI Premium
$10,044
Renovation Costs
-
Total Cash/Equity Required
$80,000
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$20,467
$29,777
Interest Repayments
$26,730
$26,730
Net Cashflow Before Tax
-$6,263
$3,047
Depreciation
-
-
Tax Offset
-$1,879
$914
Net Cashflow After Tax
-$4,384
$2,133
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$405,000
$405,000
$75,600
$463,810
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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 2025 to 2027
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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