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$695K
$120,345
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High
-
Medium
-
Low
-
Confidence
Spacious and modern, this four-bedroom home sits on an 883 sqm flat block, providing privacy and convenience. With a solar-heated pool, ample natural light, and a versatile deck, it's designed for family living and entertainment. Enjoy quality fittings, built-in storage, and year-round comfort with reverse cycle air conditioning. Close to Launceston's CBD, schools, and shops, this property balances style with practicality. A perfect option for modern, low-maintenance living.
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89.5%
$660K
4.1%
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Try Picki for FREE-$25,000
-$12,434
4.6%
Asking Price
$695,000
Estimated Purchase Price
$705,000
Stamp Duty
$26,960
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$70,500
Reg. Mortgage
$152
LMI Premium
$20,102
Renovation Costs
-
Total Cash/Equity Required
$120,345
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+8.8% PA
$2,837
$4,038
Rates
+3.0% PA
$2,089
$2,726
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
$24,114
$34,949
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$17,763
-$6,928
Depreciation
-
-
Tax Offset
-$5,329
-$2,079
Net Cashflow After Tax
-$12,434
-$4,850
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Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$634,500
$634,500
$91,740
$678,369
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
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
