$759K
$161,033
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
$900,000
Medium
$820,000
Low
$740,000
Confidence
Medium
This property offers a comprehensive house and land package under $759,000, featuring three good-sized bedrooms with enticing upgrades. The master suite includes an ensuite and a walk-in robe. The offer boasts free upgrades for the bathroom and kitchen as well as ducted air conditioning. The house is equipped with stainless appliances, overhead cupboards, and more. Additionally, there's a single garage with internal access and remote control, along with extensive insulation throughout. Note that images are for illustration and the land availability must be verified.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
84.1%
$313K
10.2%
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$145,000
-$13,404
4.2%
Asking Price
$599,000
Estimated Purchase Price
$675,000
Stamp Duty
$30,955
Transfer Fee
$6,371
Conveyancing
$1,226
Deposit (10%)
$67,500
Reg. Mortgage
$187
LMI Premium
$19,433
Renovation Costs
-
Total Cash/Equity Required
$126,222
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$20,947
$30,460
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$19,148
-$9,635
Depreciation
-
-
Tax Offset
-$5,744
-$2,891
Net Cashflow After Tax
-$13,404
-$6,745
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%
$875,760
$1,583,166
Loan Balance
I.O
$607,500
$607,500
$268,260
$975,666
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