$849K
$130,705
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High
-
Medium
-
Low
-
Confidence
Discover a penthouse-style living experience close to Hobart in the City of Glenorchy. This exceptional property features king-sized bedrooms, three toilets, and two luxurious bathrooms. The stunning laundry includes two long benches and 18 doors, while a bonus study area offers additional convenience. The upper living area is expansive, and the kitchen comes with a unique butler's pantry. Enjoy easy-care private grounds with double-screened doors leading to the deck.
Trusted by over 13k property buyers and counting...
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71.6%
$535K
5.4%
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Try Picki for FREE-$5,000
-$17,911
3.6%
Asking Price
$849,000
Estimated Purchase Price
$785,000
Stamp Duty
$30,510
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$78,500
Reg. Mortgage
$152
LMI Premium
$22,383
Renovation Costs
-
Total Cash/Equity Required
$134,176
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,042
$30,547
Interest Repayments
$46,629
$46,629
Net Cashflow Before Tax
-$25,587
-$16,082
Depreciation
-
-
Tax Offset
-$7,676
-$4,825
Net Cashflow After Tax
-$17,911
-$11,257
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$833,040
$1,505,938
Loan Balance
I.O
$706,500
$706,500
$126,540
$799,438
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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