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$589K
$103,243
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$600,000
Medium
$570,000
Low
$540,000
Confidence
Medium
Welcome to Bateman Court, where a beautiful house and land package awaits you. This property features a stunning 2-bedroom, 2-bathroom upper level with a spacious deck that's perfect for entertaining or relaxing. Enjoy spectacular views and easy access to all amenities. It's an ideal home for first-time buyers or investors, with a rental potential of $500-$550 per week. Construction is scheduled to start in August, with completion expected in December 2024.
Trusted by over 13k property buyers and counting...
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73%
$510K
4.5%
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Try Picki for FREE-$35,000
-$10,426
4.7%
Asking Price
$589,000
Estimated Purchase Price
$605,000
Stamp Duty
$22,710
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$60,500
Reg. Mortgage
$152
LMI Premium
$17,251
Renovation Costs
-
Total Cash/Equity Required
$103,243
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
$35,937
$35,937
Net Cashflow Before Tax
-$14,895
-$5,390
Depreciation
-
-
Tax Offset
-$4,468
-$1,617
Net Cashflow After Tax
-$10,426
-$3,773
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$608,760
$1,100,493
Loan Balance
I.O
$544,500
$544,500
$64,260
$555,993
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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
