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$545K
$77,967
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Try Picki for FREEConfidence
High
High
$570,000
Medium
$545,000
Low
$520,000
Confidence
Medium
Discover a charming home on a flat 554 sqm block at a peaceful cul-de-sac end, offering direct access to a serene reserve with a walking track and Faulkners Rivulet. This versatile space suits families, investors, or downsizers, boasting a spacious family lounge leading to a sunny deck, three generous bedrooms with built-in robes, and a kitchen with ample storage and pantry. The property features a secure yard, a family bathroom with separate shower and bath, and a colorbond shed with conversion potential. Ideally located near Chigwell Community Garden and just 20 minutes from Hobart CBD.
Trusted by over 13k property buyers and counting...
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65.5%
$525K
4.5%
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Try Picki for FREE$40,000
-$7,098
5.4%
Asking Price
$545,000
Estimated Purchase Price
$505,000
Stamp Duty
$18,460
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$50,500
Reg. Mortgage
$152
LMI Premium
$11,164
Renovation Costs
-
Total Cash/Equity Required
$82,906
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$27,300
$38,856
Property Management
+8.8% PA
$2,402
$3,419
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
$19,857
$28,860
Interest Repayments
$29,997
$29,997
Net Cashflow Before Tax
-$10,140
-$1,137
Depreciation
-
-
Tax Offset
-$3,042
-$341
Net Cashflow After Tax
-$7,098
-$796
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$582,060
$1,052,226
Loan Balance
I.O
$454,500
$454,500
$127,560
$597,726
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
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
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
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