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Withheld
$2,397
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Located in the sought-after suburb of Glenorchy, this imitation weatherboard home presents an opportunity for investors, first-home buyers, or those looking to downsize. Featuring three bedrooms, including one with built-ins, the property is practical and spacious. The bathroom offers both a separate shower and bath, with an additional separate toilet for convenience. The roomy lounge is perfect for larger gatherings, while the kitchen boasts ample bench space and storage, complemented by three heat pumps to ensure warmth during winter. A covered courtyard accessible from the laundry offers versatility for drying clothes or leisure. Ideally situated close to Elwick Race Course, Northgate Shopping Complex, and medical facilities, this well-maintained home currently hosts a reliable tenant. Act quickly to schedule an inspection before this opportunity disappears.
Trusted by over 13k property buyers and counting...
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47.4%
$495K
4.8%
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Try Picki for FREE$10,000
-$8,971
5.0%
Asking Price
-
Estimated Purchase Price
$570,000
Stamp Duty
$21,223
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$57,000
Reg. Mortgage
$152
LMI Premium
$16,253
Renovation Costs
-
Total Cash/Equity Required
$97,258
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
$33,858
$33,858
Net Cashflow Before Tax
-$12,816
-$3,311
Depreciation
-
-
Tax Offset
-$3,845
-$993
Net Cashflow After Tax
-$8,971
-$2,318
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$513,000
$513,000
$106,440
$606,800
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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 2025 to 2027
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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
