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$190K
$31,374
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High
-
Medium
-
Low
-
Confidence
Seize the chance to secure prime land in a serene bush setting. With breathtaking views of Mona and the Derwent River, these lots are ideally located near the CBD, shopping, and schools. Choose from Lot 26, approximately 727m2, or Lot 30, approximately 812m2, each priced at 190,000. Titles are issued, making these residential parcels ready for your dream home. Surrounded by quality homes, these lots are in high demand. Act quickly to ensure you don’t miss out.
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80.6%
$585K
4.9%
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Try Picki for FREE-$5,000
-$18
9.3%
Asking Price
$190,000
Estimated Purchase Price
$195,000
Stamp Duty
$5,760
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$19,500
Reg. Mortgage
$152
LMI Premium
$3,332
Renovation Costs
-
Total Cash/Equity Required
$31,374
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
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
$11,557
$17,047
Interest Repayments
$11,583
$11,583
Net Cashflow Before Tax
-$26
$5,464
Depreciation
-
-
Tax Offset
-$8
$1,639
Net Cashflow After Tax
-$18
$3,825
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Year 1
Year 10
Property Value
6.8%
$202,920
$366,831
Loan Balance
I.O
$175,500
$175,500
$27,420
$191,331
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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
