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$700K
$144,546
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$760,000
Low
$720,000
Confidence
Medium
Located in a vibrant new neighborhood, this brand-new four-bedroom home at 35 Merlot Road, Angle Vale, blends comfort with modern style. Featuring sleek finishes and sunlit interiors, the spacious layout offers open-plan living areas perfect for family life. The kitchen embodies functionality and elegance with stainless steel appliances and ample space. Bedrooms are generously sized, with the master suite showcasing a walk-in robe and ensuite. Positioned for convenience near schools, shops, and transport, along with a backyard tailored for relaxation, this property represents a harmonious mix of lifestyle and location.
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0%
87.3%
$745K
4.5%
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Try Picki for FREE-$15,000
-$14,202
4.4%
Asking Price
$740,000
Estimated Purchase Price
$775,000
Stamp Duty
$36,455
Transfer Fee
$7,331
Conveyancing
$1,226
Deposit (10%)
$77,500
Reg. Mortgage
$187
LMI Premium
$22,312
Renovation Costs
-
Total Cash/Equity Required
$145,561
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$25,746
$37,291
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$20,289
-$8,744
Depreciation
-
-
Tax Offset
-$6,087
-$2,623
Net Cashflow After Tax
-$14,202
-$6,121
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$697,500
$697,500
$114,180
$769,824
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
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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
