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$475K
$86,198
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$510,000
Medium
$475,000
Low
$440,000
Confidence
Medium
Discover a highly desirable villa unit at 248A Barossa Rd, Glenorchy, offering tasteful renovations and a fabulous entertaining deck. With a mere 12-minute drive to Hobart's CBD, this home features two generous bedrooms with built-in robes, a chic bathroom, and a recently renovated kitchen. The sizeable backyard is perfect for children and pets, while off-street parking includes a carport. Enjoy the neutral tones and low-maintenance features in a smart complex, ideal for first-time buyers, downsizers, or investors.
Trusted by over 13k property buyers and counting...
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61.8%
$561K
5.1%
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Try Picki for FREE-$35,000
-$10,792
4.3%
Asking Price
$475,000
Estimated Purchase Price
$510,000
Stamp Duty
$18,673
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$51,000
Reg. Mortgage
$152
LMI Premium
$11,274
Renovation Costs
-
Total Cash/Equity Required
$83,729
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
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
$14,877
$21,772
Interest Repayments
$30,294
$30,294
Net Cashflow Before Tax
-$15,417
-$8,522
Depreciation
-
-
Tax Offset
-$4,625
-$2,557
Net Cashflow After Tax
-$10,792
-$5,965
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$459,000
$459,000
$48,300
$458,078
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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
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
