$595K
$104,098
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
This charming family home in the tranquil Claremont neighborhood offers a serene lifestyle with stunning water views. Sitting on a vast 1277m2 block, the property includes approved plans for developing two villas at the rear, adding to its investment potential. The home is designed with a semi-open floor plan filled with natural light, featuring two bedrooms and a spacious master bedroom. The kitchen is modern and has ample storage, while a reverse cycle air conditioning system and solar panels enhance comfort and energy efficiency. Parking is plentiful with two garages and additional off-street space. Conveniently located near local amenities and just 15.6km from Hobart City Centre, this property balances comfort, convenience, and opportunity.
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73%
$510K
4.5%
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Try Picki for FREE-$40,000
-$11,630
4.4%
Asking Price
$595,000
Estimated Purchase Price
$610,000
Stamp Duty
$22,923
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$61,000
Reg. Mortgage
$152
LMI Premium
$17,393
Renovation Costs
-
Total Cash/Equity Required
$104,098
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,040
$38,486
Property Management
+8.8% PA
$2,380
$3,387
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
$19,619
$28,522
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$16,615
-$7,712
Depreciation
-
-
Tax Offset
-$4,984
-$2,314
Net Cashflow After Tax
-$11,630
-$5,398
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$549,000
$549,000
$59,760
$551,493
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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