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$555K
$101,533
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$585,000
Medium
$555,000
Low
$525,000
Confidence
Medium
Discover contemporary comfort at 16 Barossa Road. This updated three-bedroom, one-and-a-half-bathroom brick home is ready for you. It features a modern kitchen, new bathroom fixtures, fresh carpets, and a full repaint. Enjoy a secure carport and a converted underhouse workspace. There’s expansion potential pending council approval. Conveniently located near Northgate and Glenorchy Central for shopping, close to schools and parks, and just a 15-minute drive to Hobart CBD. Move in and embrace a blend of modern living and community warmth.
Trusted by over 13k property buyers and counting...
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58.7%
$449K
5.8%
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Try Picki for FREE-$40,000
-$10,011
4.8%
Asking Price
$555,000
Estimated Purchase Price
$595,000
Stamp Duty
$22,285
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$59,500
Reg. Mortgage
$152
LMI Premium
$16,966
Renovation Costs
-
Total Cash/Equity Required
$101,533
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,042
$30,547
Interest Repayments
$35,343
$35,343
Net Cashflow Before Tax
-$14,301
-$4,796
Depreciation
-
-
Tax Offset
-$4,290
-$1,439
Net Cashflow After Tax
-$10,011
-$3,357
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$592,740
$1,071,533
Loan Balance
I.O
$535,500
$535,500
$57,240
$536,033
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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
