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.
$475K
$87,844
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
$500,000
Medium
$475,000
Low
$450,000
Confidence
Medium
Explore the prospect of residing in this beautifully updated 2-bedroom unit, equipped with a brand-new kitchen, refreshed paintwork, stylish new flooring, and window furnishings. Nestled in a sunlit, private setting, this home boasts a fully enclosed yard, dedicated parking space, and picturesque views of the River Derwent. Ideally situated, you're just moments from Moonah Central's vibrant shops and cafes, ensuring convenience at your doorstep. Adjacent to a tranquil reserve, enjoy a slice of nature perfect for morning walks. This unit offers the ideal mix of privacy, style, and location, perfect for first-time buyers or downsizers seeking a low-maintenance retreat.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
71.5%
$609K
4.8%
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-$50,000
-$11,416
4.2%
Asking Price
$490,000
Estimated Purchase Price
$525,000
Stamp Duty
$19,310
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$52,500
Reg. Mortgage
$152
LMI Premium
$11,606
Renovation Costs
-
Total Cash/Equity Required
$86,198
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+8.8% PA
$1,922
$2,735
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
$14,877
$21,772
Interest Repayments
$31,185
$31,185
Net Cashflow Before Tax
-$16,308
-$9,413
Depreciation
-
-
Tax Offset
-$4,892
-$2,824
Net Cashflow After Tax
-$11,416
-$6,589
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%
$507,300
$917,078
Loan Balance
I.O
$472,500
$472,500
$34,800
$444,578
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
