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$435K
$77,144
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High
-
Medium
-
Low
-
Confidence
This 2-bedroom unit offers convenient, level living just minutes from the shops and services of Glenorchy. Located in a tidy cul-de-sac, the property features a north-facing living and dining area, a well-equipped kitchen with ample storage, and a separate laundry with garden access. Both bedrooms have built-in robes. The bathroom includes a separate shower and bath, plus a separate toilet. The low-maintenance garden includes a sizable shed and offers potential for further development. Undercover parking and a storage unit are located near the home's entrance.
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52.7%
$448K
6.4%
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Try Picki for FREE-$20,000
-$8,505
4.8%
Asking Price
$435,000
Estimated Purchase Price
$455,000
Stamp Duty
$16,335
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$45,500
Reg. Mortgage
$152
LMI Premium
$10,058
Renovation Costs
-
Total Cash/Equity Required
$74,676
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
$27,027
$27,027
Net Cashflow Before Tax
-$12,150
-$5,255
Depreciation
-
-
Tax Offset
-$3,645
-$1,576
Net Cashflow After Tax
-$8,505
-$3,678
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Year 1
Year 10
Property Value
6.8%
$464,580
$839,850
Loan Balance
I.O
$409,500
$409,500
$55,080
$430,350
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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...
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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
