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$559K
$104,953
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High
-
Medium
-
Low
-
Confidence
Brand new build by RFS Projects combines modern design and practical living. Features three bedrooms with built-in wardrobes, an ensuite master bedroom, a large walk-in shower in the main bathroom, and an open-plan living area. Enjoy a well-equipped kitchen with quality appliances and alfresco dining with sliding glass doors. Year-round comfort with reverse cycle heating and cooling. Includes a lock-up garage, laundry area, and desirable proximity to Devonport amenities, ferry terminal, and airport. Potential stamp duty concessions add value for first-time buyers or downsizers.
Trusted by over 13k property buyers and counting...
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40.1%
$300K
5.5%
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Try Picki for FREE-$85,000
-$16,234
3.4%
Asking Price
$589,000
Estimated Purchase Price
$635,000
Stamp Duty
$23,985
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$63,500
Reg. Mortgage
$152
LMI Premium
$18,106
Renovation Costs
-
Total Cash/Equity Required
$108,374
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
$2,191
$2,859
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
$14,527
$21,316
Interest Repayments
$37,719
$37,719
Net Cashflow Before Tax
-$23,192
-$16,403
Depreciation
-
-
Tax Offset
-$6,958
-$4,921
Net Cashflow After Tax
-$16,234
-$11,482
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$571,500
$571,500
$15,900
$490,379
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2021 Population
Suburbs
Retail Trade - 14.0%
Health Care and Social Assistance - 12.0%
Manufacturing - 10.0%
Education and Training - 9.0%
Others - 55.0%
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
