$975K
$150,660
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
Medium
High
$1,320,000
Medium
$1,200,000
Low
$1,080,000
Confidence
Medium
Located in the historic township of Don, this distinctive property combines two residences on just under half an acre, surrounded by mature trees and charming gardens. The main residence boasts spacious living areas, new flooring, a solar hot water system, and delightful water views. The attached two-bedroom residence, built in 2012, offers separate access and is perfect for extended family or short stays. Both units feature modern amenities such as reverse cycle heat pumps and ample parking. Conveniently positioned a 5-minute drive from Devonport's CBD and close to local attractions, this property promises a unique lifestyle experience.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
94.7%
$609K
4.7%
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$90,000
-$23,370
3.8%
Asking Price
$1,200,000
Estimated Purchase Price
$1,110,000
Stamp Duty
$45,135
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$111,000
Reg. Mortgage
$152
LMI Premium
$31,650
Renovation Costs
-
Total Cash/Equity Required
$190,568
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+8.8% PA
$3,661
$5,210
Rates
+3.0% PA
$2,191
$2,859
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
$32,548
$46,965
Interest Repayments
$65,934
$65,934
Net Cashflow Before Tax
-$33,386
-$18,969
Depreciation
-
-
Tax Offset
-$10,016
-$5,691
Net Cashflow After Tax
-$23,370
-$13,278
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%
$1,281,600
$2,316,828
Loan Balance
I.O
$999,000
$999,000
$282,600
$1,317,828
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
Retail Trade - 14.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 10.0%
Education and Training - 9.0%
Others - 55.0%
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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 FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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