The information provided is for general informational purposes only. While we strive for accuracy, we make no guarantees about the completeness or reliability of the content. Any reliance you place on this information is at your own risk, and we are not liable for any losses or damages arising from its use.
Additionally, our site may contain links to external websites, which we do not control. The inclusion of these links does not imply endorsement of their content. By using Picki, you accept this disclaimer and acknowledge that the information may not be suitable for all users.
© 2024 Picki. All rights reserved.
$889K
$136,778
Unlock Appraised Value
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEConfidence
High
High
$890,000
Medium
$860,000
Low
$830,000
Confidence
Medium
Explore a spacious 1726m2 family retreat at 78 Black Snake Road. This 4-bedroom home, surrounded by a fenced rear yard, includes a media room, rumpus room, and open-plan living. Key features consist of a stone-benched kitchen with SMEG appliances and a walk-in pantry, a 12x6m garage, double garage, and a side timber alfresco deck. Located in Granton, a 20-minute drive from Hobart, the area boasts convenient services like Claremont Village, parks, and schools. Built in 2011, this property falls under Glenorchy Shire with rates approximately $2,100 per annum. Zoned Future Urban, its rental appraisal is around $750-$820 per week.
Trusted by over 13k property buyers and counting...
Try Picki for FREE0%
93.3%
$560K
4.3%
Unlock Property Investment Scores
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREE$40,000
-$12,436
4.8%
Asking Price
$889,000
Estimated Purchase Price
$820,000
Stamp Duty
$32,085
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$82,000
Reg. Mortgage
$152
LMI Premium
$23,381
Renovation Costs
-
Total Cash/Equity Required
$140,249
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+8.8% PA
$3,432
$4,885
Rates
+3.0% PA
$1,425
$1,859
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
$30,943
$44,590
Interest Repayments
$48,708
$48,708
Net Cashflow Before Tax
-$17,765
-$4,118
Depreciation
-
-
Tax Offset
-$5,330
-$1,235
Net Cashflow After Tax
-$12,436
-$2,883
Unlock the power of Picki
Create a free account to access the tools and information you need to make the best property investment decisions.
Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$918,480
$1,660,393
Loan Balance
I.O
$738,000
$738,000
$180,480
$922,393
Below are some similar properties in the area you may be interested in.
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 - 16.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 11.0%
Others - 49.0%
Average Income
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
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
