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$475K
$87,844
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Try Picki for FREEConfidence
Medium
High
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Set in a private cul-de-sac, this home boasts an elevated position for optimal sunlight and river views. It offers a spacious kitchen, open-plan living with wood and reverse cycle heating, and three bedrooms with built-in robes. The separate bathroom, laundry, and WC promise convenience. The landscaped, fully fenced backyard is perfect for families. Features include a workshop, off-street parking, and a modern vibe. Currently rented at $480 per week, the lease expires in July 2025.
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73.4%
$564K
4.4%
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Try Picki for FREE-$80,000
-$10,671
4.5%
Asking Price
$495,000
Estimated Purchase Price
$555,000
Stamp Duty
$20,585
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$55,500
Reg. Mortgage
$152
LMI Premium
$12,269
Renovation Costs
-
Total Cash/Equity Required
$91,136
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+8.8% PA
$2,196
$3,126
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
$17,723
$25,822
Interest Repayments
$32,967
$32,967
Net Cashflow Before Tax
-$15,244
-$7,145
Depreciation
-
-
Tax Offset
-$4,573
-$2,143
Net Cashflow After Tax
-$10,671
-$5,001
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$507,300
$917,078
Loan Balance
I.O
$499,500
$499,500
$7,800
$417,578
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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
