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$430K
$61,507
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$480,000
Medium
$449,000
Low
$420,000
Confidence
Medium
Discover a prime location that offers convenient access to public transport with this charming brick veneer home, topped with a durable tile roof and built in 1983. Ideal for a range of buyers, particularly those looking to downsize, this property features two generous bedrooms equipped with built-in wardrobes. Experience the blend of modern updates with an updated kitchen and newly installed bathroom. The entire interior boasts fresh paint and new flooring, complemented by stylish double blinds. A spacious garage and workshop beneath the house offer ample space for vehicles and storage needs.
Trusted by over 13k property buyers and counting...
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71.6%
$535K
5.4%
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Try Picki for FREE$35,000
-$5,846
5.6%
Asking Price
$449,000
Estimated Purchase Price
$415,000
Stamp Duty
$14,635
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$41,500
Reg. Mortgage
$152
LMI Premium
$9,174
Renovation Costs
-
Total Cash/Equity Required
$68,091
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
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
$16,300
$23,797
Interest Repayments
$24,651
$24,651
Net Cashflow Before Tax
-$8,351
-$854
Depreciation
-
-
Tax Offset
-$2,505
-$256
Net Cashflow After Tax
-$5,846
-$598
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$480,600
$868,810
Loan Balance
I.O
$373,500
$373,500
$107,100
$495,310
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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
