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$550K
$103,243
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Try Picki for FREEConfidence
High
High
$580,000
Medium
$550,000
Low
$520,000
Confidence
Medium
Located on the border of West Moonah and Glenorchy, this solid brick home offers a modern kitchen, large land size, new flooring, and fresh paint, making it ideal for families, investors, or developers (STCA). Key features include a recently updated chef's kitchen, a spacious and well-lit living room with reverse cycle air conditioning, three large bedrooms, user-friendly bathroom, and good off-street parking. The property is conveniently positioned near schools, shopping centers, walking tracks, and is just a short drive to Hobart’s CBD.
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44.3%
$610K
4.7%
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Try Picki for FREE-$40,000
-$9,803
4.8%
Asking Price
$550,000
Estimated Purchase Price
$590,000
Stamp Duty
$22,073
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$59,000
Reg. Mortgage
$152
LMI Premium
$16,823
Renovation Costs
-
Total Cash/Equity Required
$100,678
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
$35,046
$35,046
Net Cashflow Before Tax
-$14,004
-$4,499
Depreciation
-
-
Tax Offset
-$4,201
-$1,350
Net Cashflow After Tax
-$9,803
-$3,149
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$531,000
$531,000
$56,400
$530,879
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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
