$455K
$83,729
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Try Picki for FREEConfidence
High
High
$490,000
Medium
$465,000
Low
$440,000
Confidence
Medium
Discover a charming two-bedroom home full of character at 6 View Point Road, West Moonah. This well-maintained residence, on approximately 325m2 of prime land, features separate lounge, dining, and kitchen areas, and two spacious bedrooms. A bonus for versatile living is the unapproved self-contained studio at the rear, which comes with a kitchenette and bathroom. Conveniently positioned on the border of West Moonah and Glenorchy, it offers off-street parking, a single carport, and easy access to essential services and public transport. Ideal for moving in post-lease or as a continued investment fetching $440 per week, this property ensures comfort and long-term potential. Note a new three-bedroom house will be constructed at the rear by May 2025. Act swiftly to explore its full allure.
Trusted by over 13k property buyers and counting...
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60.1%
$578K
5%
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Try Picki for FREE-$70,000
-$11,831
4.1%
Asking Price
$475,000
Estimated Purchase Price
$535,000
Stamp Duty
$19,735
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$53,500
Reg. Mortgage
$152
LMI Premium
$11,827
Renovation Costs
-
Total Cash/Equity Required
$87,844
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
$31,779
$31,779
Net Cashflow Before Tax
-$16,902
-$10,007
Depreciation
-
-
Tax Offset
-$5,071
-$3,002
Net Cashflow After Tax
-$11,831
-$7,005
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$496,620
$897,771
Loan Balance
I.O
$481,500
$481,500
$15,120
$416,271
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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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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