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$675K
-
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$695,000
Medium
$645,000
Low
$595,000
Confidence
Medium
Discover a tranquil lifestyle at this beautifully renovated Glenlusk property, set on over 6 hectares of serene bushland. Enjoy captivating views to the River Derwent, abundant sunshine, and modern upgrades including new flooring, fresh paint, and an upgraded kitchen. The home blends rustic charm with contemporary style, featuring timber countertops, premium appliances, and central wood heating. With two comfortable bedrooms and a separate studio offering guest accommodation or income potential, this property promises a peaceful retreat or attractive investment. Enjoy privacy and convenience, just 15 minutes from Glenorchy's shopping district and 30 minutes from Hobart's CBD.
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0%
81.9%
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Try Picki for FREE$20,000
-$16,901
3.2%
Asking Price
$675,000
Estimated Purchase Price
$625,000
Stamp Duty
$23,560
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$62,500
Reg. Mortgage
$152
LMI Premium
$17,821
Renovation Costs
-
Total Cash/Equity Required
$106,663
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+8.8% PA
$1,739
$2,475
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
$12,980
$19,072
Interest Repayments
$37,125
$37,125
Net Cashflow Before Tax
-$24,145
-$18,053
Depreciation
-
-
Tax Offset
-$7,243
-$5,416
Net Cashflow After Tax
-$16,901
-$12,637
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$688,860
$1,245,295
Loan Balance
I.O
$562,500
$562,500
$126,360
$682,795
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...
Try Picki for FREEAverage Population
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
