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$890K
$147,189
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Try Picki for FREEConfidence
High
-
Medium
-
Low
-
Confidence
This investment property in central Moonah offers three separate flats, with level entry and one featuring a second-story view. Positioned in a thriving community, it benefits from stable rental income, with tenants in place for extended periods. Opportunities include long-term rentals, short-term Airbnb options (STCA), or owner occupancy with rental income from two units. The property features ample parking for six vehicles and is close to central services and amenities. Situated in a high-growth area, it presents a promising investment for savvy buyers.
Trusted by over 13k property buyers and counting...
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59.1%
$610K
4.5%
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Try Picki for FREE$5,000
-$19,785
3.6%
Asking Price
$890,000
Estimated Purchase Price
$870,000
Stamp Duty
$34,335
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$87,000
Reg. Mortgage
$152
LMI Premium
$24,807
Renovation Costs
-
Total Cash/Equity Required
$148,924
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
Rates
+3.0% PA
$1,841
$2,402
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$23,413
$33,922
Interest Repayments
$51,678
$51,678
Net Cashflow Before Tax
-$28,265
-$17,756
Depreciation
-
-
Tax Offset
-$8,479
-$5,327
Net Cashflow After Tax
-$19,785
-$12,429
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$934,500
$1,689,354
Loan Balance
I.O
$783,000
$783,000
$151,500
$906,354
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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
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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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
