$395K
$56,644
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
$430,000
Medium
$410,000
Low
$390,000
Confidence
Medium
Discover the ideal block for your dream home in the heart of the Tamar Valley. Situated mere meters from Swan Point beach, this plot offers all services connected and a newly installed septic system. A 6x6m shed provides secure storage and an approved toilet connection. House plans with full council approval and a valid build permit until November 2025 are available. This modern, double-story home plan includes 3 bedrooms and 2 bathrooms. Enjoy a convenient 30-minute commute to Launceston and a short 10-minute drive to local services in Exeter.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
95%
$834K
3.2%
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
-$6,690
5.1%
Asking Price
$410,000
Estimated Purchase Price
$360,000
Stamp Duty
$12,335
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$36,000
Reg. Mortgage
$152
LMI Premium
$7,958
Renovation Costs
-
Total Cash/Equity Required
$59,076
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
Rates
+3.0% PA
$1,572
$2,051
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
$11,826
$17,398
Interest Repayments
$21,384
$21,384
Net Cashflow Before Tax
-$9,558
-$3,986
Depreciation
-
-
Tax Offset
-$2,867
-$1,196
Net Cashflow After Tax
-$6,690
-$2,790
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%
$437,880
$791,583
Loan Balance
I.O
$324,000
$324,000
$113,880
$467,583
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
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
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