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$410K
$74,675
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$560,000
Low
$520,000
Confidence
High
Seize the chance to transform this partially renovated home into your dream residence. Located on Carlton River Road, this property stands out with its modern updates and serene water vistas. Nestled in a quiet neighborhood, it provides a perfect blend of comfort and nature, making it a haven for families. The two Titles offer future development flexibility, and a fully fenced outdoor space ensures safety for children and pets. Enjoy seamless indoor-outdoor living and convenient access to local amenities and beaches. A short drive to Sorell Township heightens the appeal. An opportunity not to be missed, this beachside community gem awaits those ready to embrace its full potential.
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Try Picki for FREELocation, 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
Retail Trade - 16.0%
Health Care and Social Assistance - 11.0%
Accommodation and Food Services - 10.0%
Manufacturing - 10.0%
Others - 53.0%
Average Income
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Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Disclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Average Population
projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEDisclaimer: A dash (’-’) indicates that there is not enough data in this area over the past 12 months to provide accurate calculations for certain metrics.
Monthly % 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
0%
87.6%
$640K
4.7%
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-$8,008
5.2%
Asking Price
-
Estimated Purchase Price
$560,000
Stamp Duty
$20,798
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$56,000
Reg. Mortgage
$152
LMI Premium
$15,968
Renovation Costs
-
Total Cash/Equity Required
$95,548
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$29,120
$41,447
Property Management
+8.8% PA
$2,563
$3,647
Rates
+3.0% PA
$1,533
$2,000
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
$21,824
$31,624
Interest Repayments
$33,264
$33,264
Net Cashflow Before Tax
-$11,440
-$1,640
Depreciation
-
-
Tax Offset
-$3,432
-$492
Net Cashflow After Tax
-$8,008
-$1,148
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$598,080
$1,081,186
Loan Balance
I.O
$504,000
$504,000
$94,080
$577,186
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