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$439K
$79,613
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Try Picki for FREEConfidence
High
High
$463,000
Medium
$439,000
Low
$415,000
Confidence
Medium
This well-maintained 2-bedroom brick villa unit is an appealing investment opportunity. With a current lease until August 2025, it generates a steady rental income of $460 per week, offering a potential gross yield exceeding 5%. Located in a sought-after area, it's close to public transport and Glenorchy's vibrant shopping precinct. The villa features a modern kitchen, open-plan living and dining area, a separate bathroom, toilet, and laundry. A private outdoor deck and a secure, low-maintenance yard enhance its charm. Off-street parking adds convenience.
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57.8%
$526K
5.4%
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Try Picki for FREE-$30,000
-$9,295
4.6%
Asking Price
$439,000
Estimated Purchase Price
$470,000
Stamp Duty
$16,973
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$47,000
Reg. Mortgage
$152
LMI Premium
$10,390
Renovation Costs
-
Total Cash/Equity Required
$77,145
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,580
$30,715
Property Management
+8.8% PA
$1,899
$2,703
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
$14,640
$21,435
Interest Repayments
$27,918
$27,918
Net Cashflow Before Tax
-$13,278
-$6,483
Depreciation
-
-
Tax Offset
-$3,983
-$1,945
Net Cashflow After Tax
-$9,295
-$4,538
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$469,920
$849,504
Loan Balance
I.O
$423,000
$423,000
$46,920
$426,504
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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...
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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
