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$900K
$187,092
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Try Picki for FREEConfidence
High
High
$900,000
Medium
$825,000
Low
$750,000
Confidence
Medium
Explore a brand-new four-bedroom residence in Riverlea Park, showcasing modern living on a spacious corner block with 495sqm of land. Enhanced by a grand hallway and a crystal chandelier, this elegant home features a bright open floorplan ideal for family gatherings. Enjoy a stylish kitchen with top-tier appliances, a butler's pantry, and a cozy alfresco area. The master suite boasts a walk-in robe and ensuite, while additional bedrooms offer built-in storage. Located near parks and within a short drive of Adelaide, this property combines convenience with luxury.
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0%
84.1%
$313K
10.2%
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-$19,641
3.5%
Asking Price
-
Estimated Purchase Price
$825,000
Stamp Duty
$39,205
Transfer Fee
$7,811
Conveyancing
$1,226
Deposit (10%)
$82,500
Reg. Mortgage
$187
LMI Premium
$23,752
Renovation Costs
-
Total Cash/Equity Required
$155,231
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
$49,005
$49,005
Net Cashflow Before Tax
-$28,058
-$18,545
Depreciation
-
-
Tax Offset
-$8,417
-$5,564
Net Cashflow After Tax
-$19,641
-$12,982
Unlock the power of Picki
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$742,500
$742,500
$138,600
$850,319
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
