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$465K
$76,321
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$460,000
Medium
$440,000
Low
$420,000
Confidence
Medium
Discover a fantastic opportunity in this spacious family home located in a quiet cul-de-sac. Perfect as a first home or investment, with the option for vacant possession. Enjoy open plan living with near-new flooring, fresh paint, and a secure garage/workshop. The property boasts a lovely backyard, an ideal space for pets and children. It's conveniently located near shopping centers, schools, and public transportation, as well as the popular Giblins Reserve. Featuring three bedrooms, a tidy bathroom, and ample off-street parking, this home is just 15 minutes from Hobart's CBD.
Trusted by over 13k property buyers and counting...
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55.7%
$466K
6%
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Try Picki for FREE-$30,000
-$8,133
5.0%
Asking Price
$470,000
Estimated Purchase Price
$470,000
Stamp Duty
$16,973
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$47,000
Reg. Mortgage
$152
LMI Premium
$10,390
Renovation Costs
-
Total Cash/Equity Required
$77,145
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$11,618
-$4,121
Depreciation
-
-
Tax Offset
-$3,485
-$1,236
Net Cashflow After Tax
-$8,133
-$2,885
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$469,920
$849,504
Loan Balance
I.O
$423,000
$423,000
$46,920
$426,504
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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...
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
