$490K
$82,906
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Try Picki for FREEConfidence
High
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
This charming three-bedroom home features an open-plan living area ideal for modern lifestyles. It includes both a heat pump and a heater for year-round comfort. With multiple sheds for storage and several entertaining areas, it's perfect for hosting guests. The well-maintained gardens provide a tranquil setting, while a large front deck is perfect for relaxation. There's also a versatile rumpus room under the house, perfect as a teenage retreat or extra family space.
Trusted by over 13k property buyers and counting...
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65.3%
$450K
5.4%
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Try Picki for FREE-$25,000
-$9,380
4.7%
Asking Price
$490,000
Estimated Purchase Price
$500,000
Stamp Duty
$18,248
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$50,000
Reg. Mortgage
$152
LMI Premium
$11,053
Renovation Costs
-
Total Cash/Equity Required
$82,083
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$29,700
$29,700
Net Cashflow Before Tax
-$13,400
-$5,903
Depreciation
-
-
Tax Offset
-$4,020
-$1,771
Net Cashflow After Tax
-$9,380
-$4,132
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$450,000
$450,000
$57,300
$467,078
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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