The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$430K
$86,415
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
Medium
High
$1,220,000
Medium
$1,030,000
Low
$840,000
Confidence
Not Applicable
This is a great opportunity to start homeownership with one of the eight blank canvas community-titled allotments. Located centrally with access to the Adelaide CBD, excellent schools, shopping precincts, and lifestyle amenities. With lot sizes from 314m2 to 440m2, the sloping elevated blocks are suitable for three-level house designs. The developer promises to build roads and retaining walls as per council approval. Prices range from $430,000 to $495,000, and house plans are available upon request.
Trusted by over 13k property buyers and counting...
Try Picki for FREELocation, 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
Retail Trade - 15.0%
Health Care and Social Assistance - 15.0%
Manufacturing - 11.0%
Education and Training - 11.0%
Others - 48.0%
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
Below are some similar properties in the area you may be interested in.
0%
55.5%
$726K
4%
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$15,000
-$45,865
-
Asking Price
-
Estimated Purchase Price
$1,015,000
Stamp Duty
$49,655
Transfer Fee
$9,635
Conveyancing
$1,226
Deposit (10%)
$101,500
Reg. Mortgage
$187
LMI Premium
$29,222
Renovation Costs
-
Total Cash/Equity Required
$191,975
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,710
$2,231
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
-$5,231
-$6,825
Interest Repayments
$60,291
$60,291
Net Cashflow Before Tax
-$65,522
-$67,116
Depreciation
-
-
Tax Offset
-$19,657
-$20,135
Net Cashflow After Tax
-$45,865
-$46,981
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%
$1,100,040
$1,988,611
Loan Balance
I.O
$913,500
$913,500
$186,540
$1,075,111
