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$700K
$132,024
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$680,000
Low
$640,000
Confidence
Medium
Discover a golden opportunity for first-home buyers and investors with this brand new home, presented by Willow Building Group. Scheduled for completion in November 2024, this turnkey property boasts high 2.7m ceilings and a sleek 20mm stone benchtop in the kitchen and bathrooms. The residence features modern LED lighting, ample electrical outlets, and elegant wet-area tiles. Enjoy an open-plan living area, complete with a stainless steel appliance kitchen. Comfort is assured with a Samsung reverse cycle air system. Additional highlights include a remote-controlled garage, a durable exposed aggregate driveway, and a 25-year structural guarantee.
Trusted by over 13k property buyers and counting...
Try Picki for FREE1.9%
66.7%
$630K
4.1%
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Try Picki for FREE-$50,000
-$14,683
4.1%
Asking Price
$725,000
Estimated Purchase Price
$730,000
Stamp Duty
$33,980
Transfer Fee
$6,851
Conveyancing
$1,226
Deposit (10%)
$73,000
Reg. Mortgage
$187
LMI Premium
$21,017
Renovation Costs
-
Total Cash/Equity Required
$136,811
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
$43,362
$43,362
Net Cashflow Before Tax
-$20,975
-$10,853
Depreciation
-
-
Tax Offset
-$6,293
-$3,256
Net Cashflow After Tax
-$14,683
-$7,597
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$657,000
$657,000
$69,240
$655,869
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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...
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
