The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$470K
$87,021
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$620,000
Medium
$580,000
Low
$540,000
Confidence
Medium
Discover a charming 3-bedroom home in West Moonah, ideal for families, first-time buyers, and investors. Built in 1973, this property offers modern comforts with a neutral color palette and new carpets. Enjoy water views from the inviting front deck. The 311m2 block is fully fenced and pet-friendly, perfect for relaxation and play. Conveniently located near schools, shopping, dining, and just 10 minutes to Hobart's center. With a rental appraisal of $470-$490 per week, this home combines lifestyle and investment potential.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
52.2%
$660K
3.1%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$35,000
-$7,932
5.3%
Asking Price
$485,000
Estimated Purchase Price
$545,000
Stamp Duty
$20,160
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$54,500
Reg. Mortgage
$152
LMI Premium
$12,048
Renovation Costs
-
Total Cash/Equity Required
$89,490
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
$32,373
$32,373
Net Cashflow Before Tax
-$11,331
-$1,826
Depreciation
-
-
Tax Offset
-$3,399
-$548
Net Cashflow After Tax
-$7,932
-$1,278
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$619,440
$1,119,800
Loan Balance
I.O
$490,500
$490,500
$128,940
$629,300
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
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 FREEAverage Population
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
