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.
$525K
$98,967
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
$555,000
Medium
$525,000
Low
$495,000
Confidence
Medium
This exceptional villa at 2145 Chapel Street boasts three spacious bedrooms, a modern open-plan layout, and a large kitchen with stainless steel appliances. The home offers ample privacy with a fully fenced backyard featuring an undercover pergola, fruit trees, and roses. The villa is set on a 313m2 block in a quiet area, conveniently located near Glenorchy's shopping precinct and only 15 minutes from Hobart CBD. Built in 2009, this property is well-maintained with neutral decor, security shutters, and a reverse cycle heat pump. With an internal-access garage and large laundry, this home perfectly balances comfort and functionality.
Trusted by over 13k property buyers and counting...
Try Picki for FREE25.4%
41.5%
$435K
7.5%
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
-$7,103
5.5%
Asking Price
$525,000
Estimated Purchase Price
$565,000
Stamp Duty
$21,010
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$56,500
Reg. Mortgage
$152
LMI Premium
$16,110
Renovation Costs
-
Total Cash/Equity Required
$96,403
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
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
$23,413
$33,922
Interest Repayments
$33,561
$33,561
Net Cashflow Before Tax
-$10,148
$361
Depreciation
-
-
Tax Offset
-$3,044
$108
Net Cashflow After Tax
-$7,103
$253
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%
$560,700
$1,013,612
Loan Balance
I.O
$508,500
$508,500
$52,200
$505,112
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 - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
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
