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$695K
$133,308
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$610,000
Medium
$590,000
Low
$570,000
Confidence
Medium
This charming property features 23 bedrooms and offers ample space for expanding families or those with a penchant for vintage furniture. With its solid construction and recent bathroom renovation, the home stands out for its durability and modern appeal. Benefitting from easy, level access while providing elevated views, it strikes a perfect balance. The low-maintenance block ensures minimal yard work, ideal for busy families. Various purchasing options add to its flexibility. Proximity to schools, shops, and public transport bolster its convenience, making it a strategic location for any buyer.
Trusted by over 13k property buyers and counting...
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48.5%
$590K
4.2%
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Try Picki for FREE$10,000
-$9,387
4.9%
Asking Price
-
Estimated Purchase Price
$580,000
Stamp Duty
$21,648
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$58,000
Reg. Mortgage
$152
LMI Premium
$16,538
Renovation Costs
-
Total Cash/Equity Required
$98,968
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,042
$30,547
Interest Repayments
$34,452
$34,452
Net Cashflow Before Tax
-$13,410
-$3,905
Depreciation
-
-
Tax Offset
-$4,023
-$1,171
Net Cashflow After Tax
-$9,387
-$2,733
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$630,120
$1,139,107
Loan Balance
I.O
$522,000
$522,000
$108,120
$617,107
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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
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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
