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$750K
$123,765
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
This property offers an unbeatable location with its proximity to shopping centers, transport hubs, and essential services. Featuring spacious bedrooms, a study, and storeroom, the house includes two high-quality bathrooms and a modern kitchen. Outside, there's a large entertainment area and secure fencing ideal for children and pets. With potential for residential or light industrial rental, this property presents a unique investment opportunity. While seller-provided information is reliable, buyers are advised to verify all details independently.
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32.9%
$445K
5%
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Try Picki for FREE$10,000
-$7,559
5.4%
Asking Price
-
Estimated Purchase Price
$560,000
Stamp Duty
$20,798
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$56,000
Reg. Mortgage
$152
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$95,548
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+8.8% PA
$2,654
$3,778
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
$22,465
$32,572
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$10,799
-$692
Depreciation
-
-
Tax Offset
-$3,240
-$208
Net Cashflow After Tax
-$7,559
-$484
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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
$504,000
$504,000
$104,760
$596,493
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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
